What is the rent for a studio at 246 MERCER STREET, Manhattan, NY 10012?

Based on recent listing data, rent for a studio at 246 MERCER STREET, Manhattan, NY 10012 ranges from $2,848 to $3,852 per month, with a median of $3,350.

What is the rent for a 1-bedroom at 246 MERCER STREET, Manhattan, NY 10012?

Based on recent listing data, rent for a 1-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $2,975 to $4,025 per month, with a median of $3,500.

What is the rent for a 2-bedroom at 246 MERCER STREET, Manhattan, NY 10012?

Based on recent listing data, rent for a 2-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $3,290 to $4,451 per month, with a median of $3,870.

What is the rent for a 3-bedroom at 246 MERCER STREET, Manhattan, NY 10012?

Based on recent listing data, rent for a 3-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $4,097 to $5,543 per month, with a median of $4,820.

What is the rent for a 4-bedroom at 246 MERCER STREET, Manhattan, NY 10012?

Based on recent listing data, rent for a 4-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $4,420 to $5,980 per month, with a median of $5,200.

How does rent at 246 MERCER STREET, Manhattan, NY 10012 compare to the neighborhood?

Compared to other buildings in the 10012 zip code: studio rents are about 16% below the neighborhood median; 1-bedroom rents are about 30% below the neighborhood median; 2-bedroom rents are about 35% below the neighborhood median; 3-bedroom rents are about 37% below the neighborhood median; 4-bedroom rents are about 64% below the neighborhood median.

Is 246 MERCER STREET, Manhattan, NY 10012 rent stabilized?

Based on available records, 246 MERCER STREET, Manhattan, NY 10012 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.

When is the cheapest time to rent at 246 MERCER STREET, Manhattan, NY 10012?

Based on historical listing data, April tends to be the most affordable month to sign a lease at 246 MERCER STREET, Manhattan, NY 10012, while July is typically the most expensive. Timing your move to April could save approximately 16% compared to peak pricing.

Who is the landlord of 246 MERCER STREET, Manhattan, NY 10012?

The registered owner of 246 MERCER STREET, Manhattan, NY 10012 is NEW YORK UNIVERSITY. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 246 MERCER STREET, Manhattan, NY 10012 a good landlord?

246 MERCER STREET, Manhattan, NY 10012, owned by NEW YORK UNIVERSITY, has an overall grade of A (4.5/5) on Lucid Rents. The building has 7 recorded violations. Tenants have left 11 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 246 MERCER STREET, Manhattan, NY 10012?

246 MERCER STREET, Manhattan, NY 10012 has an overall grade of A with a score of 4.5 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 246 MERCER STREET, Manhattan, NY 10012?

Yes, 246 MERCER STREET, Manhattan, NY 10012 has 7 housing violations and 24 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Has 246 MERCER STREET, Manhattan, NY 10012 had any Department of Buildings violations?

Yes, 246 MERCER STREET, Manhattan, NY 10012 has 26 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.

What amenities does 246 MERCER STREET, Manhattan, NY 10012 have?

246 MERCER STREET, Manhattan, NY 10012 offers 1 amenities including Pet Friendly. View the full amenity list on the building page.

Does 246 MERCER STREET, Manhattan, NY 10012 allow pets?

246 MERCER STREET, Manhattan, NY 10012 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.

What schools are near 246 MERCER STREET, Manhattan, NY 10012?

There are 10 schools near 246 MERCER STREET, Manhattan, NY 10012, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 130 Hernando De Soto (14 min walk), P.s. 130 Hernando De Soto (14 min walk), P.s. 020 Anna Silver (14 min walk), School For Global Leaders (15 min walk), Great Oaks Kathleen Sherry Charter School (8 min walk), and more.

What public transit is near 246 MERCER STREET, Manhattan, NY 10012?

246 MERCER STREET, Manhattan, NY 10012 has 4 transit options nearby. The closest include: bus: BOWERY/EAST HOUSTON ST (M103), 0.34 mi away.

Is 246 MERCER STREET, Manhattan, NY 10012 safe? What is the crime rate nearby?

The 10012 zip code where 246 MERCER STREET, Manhattan, NY 10012 is located had 1,709 crime incidents in the past 2 years, including 67 violent crimes, 1,162 property crimes, and 480 quality-of-life incidents. Check the neighborhood report card for 10012 for full details.

When was 246 MERCER STREET, Manhattan, NY 10012 built and how many units does it have?

246 MERCER STREET, Manhattan, NY 10012 was built in 1981, has 20 floors, contains 715 total units.

What do tenants say about living at 246 MERCER STREET, Manhattan, NY 10012?

246 MERCER STREET, Manhattan, NY 10012 has 3 tenant reviews with an average rating of 4.7 out of 5. 0 out of 3 reviewers would recommend this building.

246 MERCER STREET — Rent Intelligence for SoHo, NYC

SoHo · Manhattan, NY 10012

Built 198120 floors715 unitsBBL 1005320008

Current rent range

$2,848 – $5,980 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★4.511 reviews

Verified reviewsNYOwned byNEW YORK UNIVERSITY170 bldgs

246 MERCER STREET

Manhattan, NY 10012

246 MERCER STREET is a late-20th-century 1981 building, 20 floors, 715 units in SoHo, NYC. Owned by NEW YORK UNIVERSITY. Public records show 33 open violations, 24 311 complaints on file. Risk signals: 1 bedbug report. Lucid Rents has 11 verified tenant reviews on this building.

HPD violations7last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews114.5 ★ avg

Rent-stab units—no coverage

Building age45 ybuilt 1981

311 complaints24last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · February 2026

Studio

$3,350/mo

1 BR

$3,500/mo

2 BR

$3,870/mo

3 BR

$4,820/mo

4 BR

$5,200/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

April

Most expensive

July

JFMAMJJASOND

Potential savings: ~16% by timing your move to April.

Rent vs. area median Manhattan

Studio

This building: $2,848 – $3,852

16% belowArea: $3,995

1 BR

This building: $2,975 – $4,025

30% belowArea: $4,995

2 BR

This building: $3,290 – $4,451

35% belowArea: $5,995

3 BR

This building: $4,097 – $5,543

37% belowArea: $7,695

4 BR

This building: $4,420 – $5,980

64% belowArea: $14,500

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

Studio

$3,350

$3,300 – $3,998

1 Bed

$3,500

$4,919 – $5,280

2 Bed

$3,870

$5,773 – $8,498

3 Bed

$7,695

$7,695

4 Bed

$14,500

$14,500

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Lower West Side

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,380

current quarter

Effective rent

—

per bedroom only

YoY change

4.1%

asking, vs 1 yr ago

10-year change

17%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

291 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

153

brownfields, industrial zones, sanitation

Block-level

4262

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

7 total

Pest Infestation
5

311Top Complaints

24 total

HEAT/HOT WATER
10
Graffiti
8
Noise
2
Illegal Parking
2
UNSANITARY CONDITION
1

DOBTop Filings

26 total

DOB Violations
26

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class AVIOLATION DISMISSEDJun 4, 2025
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class IVIOLATION DISMISSEDNov 22, 2024
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Class AVIOLATION DISMISSEDApr 1, 2024
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class AVIOLATION DISMISSEDMar 15, 2023
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class IVIOLATION DISMISSEDNov 2, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.

See all 7 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.5 /5

★ ★ ★ ★ ★

11 reviews

5★

64%

4★

27%

3★

2★

1★

Pros: Managed by NYU, great management team. Spacious bedroom Cons: I've had some plumbing issues but management was quick to resolve any problems

positiveJul 2025

Anonymous

Pros: Great location, walking distance to NYU Law School (and most places). Staff is the best. Cons: The furniture is not exactly the best.

positiveJul 2025

Anonymous

Pros: Friendly doormen and package attendants (all of the staff is excellent), decent amount of space Cons: Had a leak for over a year the larger building management dragged their feet to attend to (the building facilit…

positiveMay 2025

Anonymous

View all 11 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

1 amenity

PET FRIENDLY

Pet Friendly

04 / 09

Building amenities.

05 / 10

The landlord.

NEW YORK UNIVERSITY

Portfolio of 170 buildingsSVP: LINDA CHIARELLIMail: 10 ASTOR PL, NEW YORK, NY, 10003

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

170

buildings

4.6

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 5 by score · of 170 total

See all 170 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

1981Building constructed715 units · 20 floors
nowNEW YORK UNIVERSITYOwner of record per HPD registration · manages 170 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

10012 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 10012

Violent67

Property1,162

Quality-of-life480

Total incidents1,709

07 / 10

About this area.

SoHo · 10012

246 MERCER STREET · Manhattan · 40.728° N, -73.996° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby7 min

7 schools nearby14 min

Nearby Transit

BUS

BOWERY/EAST HOUSTON STM103
0.3 mi7 min
EAST HOUSTON ST/BOWERYM21
0.3 mi7 min
EAST HOUSTON ST/2 AVM21
0.4 mi7 min
CLEVELAND PL/SPRING STM1
0.4 mi8 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

P.s. 130 Hernando De SotoElementary
0.7 mi14 min
P.s. 130 Hernando De SotoElementary
0.7 mi14 min
P.s. 020 Anna SilverElementary
0.7 mi14 min
School For Global LeadersMiddle School
0.7 mi15 min

CHARTER SCHOOLS

Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.4 mi8 min
Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.4 mi8 min
Broome Street Academy Charter High SchoolHigh School
0.6 mi12 min

PRIVATE SCHOOLS

Grace Church High SchoolHigh School
0.2 mi4 min
La Salle AcademyHigh School
0.3 mi6 min
St George AcademyHigh School
0.3 mi6 min

The neighborhood

SoHo

NoLIta and the eastern edge of SoHo converge here — boutique shopping on Elizabeth and Mott Streets, the old-school Italian character of Mulberry Street, and some of the city's best people-watching. It's compact, stylish, and pricey.

1,906buildings tracked4.2avg LucidIQ$4,995median 1BR

21,216population$127kmedian income80%renters

Boutique ShoppingStylishFoodieHistoricWalkable

Explore SoHo

Neighborhood overview

SoHo→

Vibe · top buildings · landlords · schools · transit

Crime in 10012

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in SoHo

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Gramercy Park· 0.24 mi Chelsea· 0.61 mi West Village· 0.61 mi Battery Park City· 0.61 mi Lower East Side· 0.71 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1981

Floors20

Total units715

ClassH8

BBL1005320008

BIN1066869

198019902000201020202030

1981

Building constructed

715 units · 20 floors · class H8

now

Current owner: NEW YORK UNIVERSITY

Portfolio includes 170 buildings.

Recent Activity

20 events

311MEDIUMNov 16, 2025
Graffiti
HPDLOWJun 4, 2025
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMMay 15, 2025
Graffiti
HPDHIGHNov 22, 2024
HPD Class I Violation — §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-20
311MEDIUMOct 6, 2024
Graffiti
311MEDIUMMay 23, 2024
Graffiti
311MEDIUMApr 2, 2024
Graffiti
HPDLOWApr 1, 2024
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMFeb 3, 2024
Graffiti
311MEDIUMOct 16, 2023
HEAT/HOT WATER — ENTIRE BUILDING

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 246 MERCER STREET, Manhattan, NY 10012?
Based on recent listing data, rent for a studio at 246 MERCER STREET, Manhattan, NY 10012 ranges from $2,848 to $3,852 per month, with a median of $3,350.
What is the rent for a 1-bedroom at 246 MERCER STREET, Manhattan, NY 10012?
Based on recent listing data, rent for a 1-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $2,975 to $4,025 per month, with a median of $3,500.
What is the rent for a 2-bedroom at 246 MERCER STREET, Manhattan, NY 10012?
Based on recent listing data, rent for a 2-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $3,290 to $4,451 per month, with a median of $3,870.
What is the rent for a 3-bedroom at 246 MERCER STREET, Manhattan, NY 10012?
Based on recent listing data, rent for a 3-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $4,097 to $5,543 per month, with a median of $4,820.
What is the rent for a 4-bedroom at 246 MERCER STREET, Manhattan, NY 10012?
Based on recent listing data, rent for a 4-bedroom at 246 MERCER STREET, Manhattan, NY 10012 ranges from $4,420 to $5,980 per month, with a median of $5,200.
How does rent at 246 MERCER STREET, Manhattan, NY 10012 compare to the neighborhood?
Compared to other buildings in the 10012 zip code: studio rents are about 16% below the neighborhood median; 1-bedroom rents are about 30% below the neighborhood median; 2-bedroom rents are about 35% below the neighborhood median; 3-bedroom rents are about 37% below the neighborhood median; 4-bedroom rents are about 64% below the neighborhood median.
Is 246 MERCER STREET, Manhattan, NY 10012 rent stabilized?
Based on available records, 246 MERCER STREET, Manhattan, NY 10012 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
When is the cheapest time to rent at 246 MERCER STREET, Manhattan, NY 10012?
Based on historical listing data, April tends to be the most affordable month to sign a lease at 246 MERCER STREET, Manhattan, NY 10012, while July is typically the most expensive. Timing your move to April could save approximately 16% compared to peak pricing.
Who is the landlord of 246 MERCER STREET, Manhattan, NY 10012?
The registered owner of 246 MERCER STREET, Manhattan, NY 10012 is NEW YORK UNIVERSITY. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 246 MERCER STREET, Manhattan, NY 10012 a good landlord?
246 MERCER STREET, Manhattan, NY 10012, owned by NEW YORK UNIVERSITY, has an overall grade of A (4.5/5) on Lucid Rents. The building has 7 recorded violations. Tenants have left 11 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 246 MERCER STREET, Manhattan, NY 10012?
246 MERCER STREET, Manhattan, NY 10012 has an overall grade of A with a score of 4.5 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 246 MERCER STREET, Manhattan, NY 10012?
Yes, 246 MERCER STREET, Manhattan, NY 10012 has 7 housing violations and 24 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Has 246 MERCER STREET, Manhattan, NY 10012 had any Department of Buildings violations?
Yes, 246 MERCER STREET, Manhattan, NY 10012 has 26 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
What amenities does 246 MERCER STREET, Manhattan, NY 10012 have?
246 MERCER STREET, Manhattan, NY 10012 offers 1 amenities including Pet Friendly. View the full amenity list on the building page.
Does 246 MERCER STREET, Manhattan, NY 10012 allow pets?
246 MERCER STREET, Manhattan, NY 10012 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
What schools are near 246 MERCER STREET, Manhattan, NY 10012?
There are 10 schools near 246 MERCER STREET, Manhattan, NY 10012, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 130 Hernando De Soto (14 min walk), P.s. 130 Hernando De Soto (14 min walk), P.s. 020 Anna Silver (14 min walk), School For Global Leaders (15 min walk), Great Oaks Kathleen Sherry Charter School (8 min walk), and more.
What public transit is near 246 MERCER STREET, Manhattan, NY 10012?
246 MERCER STREET, Manhattan, NY 10012 has 4 transit options nearby. The closest include: bus: BOWERY/EAST HOUSTON ST (M103), 0.34 mi away.
Is 246 MERCER STREET, Manhattan, NY 10012 safe? What is the crime rate nearby?
The 10012 zip code where 246 MERCER STREET, Manhattan, NY 10012 is located had 1,709 crime incidents in the past 2 years, including 67 violent crimes, 1,162 property crimes, and 480 quality-of-life incidents. Check the neighborhood report card for 10012 for full details.
When was 246 MERCER STREET, Manhattan, NY 10012 built and how many units does it have?
246 MERCER STREET, Manhattan, NY 10012 was built in 1981, has 20 floors, contains 715 total units.
What do tenants say about living at 246 MERCER STREET, Manhattan, NY 10012?
246 MERCER STREET, Manhattan, NY 10012 has 3 tenant reviews with an average rating of 4.7 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

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Building record last updated September 12, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.