For Sale · Greenwich Village · NoHo · East Village
303 Mercer Street
Unit A502
Snug Harbor — Est. 1910
The Residence
A True Loft in
the Heart of Downtown
This is a special home that has not been available for decades. A true loft — 10-foot ceilings, exposed brick, a proper entry foyer — at a price that can make the dream of living in a prime downtown neighborhood a reality.
Two generous bedrooms with double closets frame the home: one faces east into morning light, the other west over the building's communal courtyard. The proportions are real, not manufactured. There is room here for books, for art, for a life that has accumulated things worth keeping.
The kitchen has been designed to cook in and host. A Bertazzoni Heritage range in matte burgundy with six burners. Basaltina volcanic lava stone counters. Miele dishwasher. Integrated Liebherr refrigerator. Substantial prep space, open to the voluminous living area — a room perfect for entertaining at any scale.
The bathroom features a thoughtfully updated marble pedestal sink. The primary bedroom facing east is impressively scaled — and includes a dry sauna that can convey with purchase. Washer/dryer installation is permitted with board approval.
| Address | 303 Mercer St, Unit A502 |
| Building | Snug Harbor |
| Type | Co-operative |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Ceiling Height | 10 Feet |
| Taxes (Monthly) | $3,725 |
| Min. Down Payment | 20% (Financing up to 75%) |
| Flip Tax | 2% |
| Pied-à-Terre | Permitted w/ Board Approval |
| Co-Purchase / Guarantor | Permitted w/ Board Approval |
| Pets | Allowed |
| Laundry | In-Unit (w/ Board Approval) |
| List Price | $1,500,000 |
Key Features
What Sets This
Loft Apart
The Building
Snug Harbor — A Pioneer
Loft Cooperative
Originally the home of the S, H and P Skirt Binding Company — a garment-industry operation — 303 Mercer sits at the center of what was once lower Manhattan's textile and light manufacturing corridor. The building's high ceilings and cast iron structural columns are not decorative: they are the bones of a working factory.
Built circa 1910 and converted to cooperative ownership in 1979, Snug Harbor comprises three turn-of-the-century industrial buildings fashioned into 63 distinctive loft homes. It is among the earliest residential loft cooperatives in Manhattan — a pioneer of the downtown living movement.
A garment factory. A sailor's refuge. A pioneer loft cooperative. The provenance is genuine.
Building at a Glance
| Building Name | Snug Harbor |
| Year Built | circa 1910 |
| Converted | 1979 (Co-op) |
| Total Units | 63 |
| Stories | 6 |
| Doorman | 24-Hour |
| Superintendent | Live-In |
| Amenities | Bike Storage, Common Laundry, Courtyard Garden |
| Pets | Allowed |
| Age Classification | Pre-War |
Board Flexibility
Pied-à-terres, co-purchasing with working children, gifting, and guarantors are all considered with board approval. Financing permitted up to 75%.
Location
At the Nexus of
Greenwich Village, NoHo & East Village
303 Mercer occupies one of downtown Manhattan's most storied intersections — the point where Greenwich Village, NoHo, and the East Village converge. Washington Square Park and NYU's campus are steps away. Joe's Pub and The Public Theatre are neighbors. The legendary bars of Bleecker Street, the SoHo shopping district, and world-class dining are all within easy walking distance.
The recently opened Wegman's supermarket nearby has become a genuine neighborhood anchor. This is one of the most walkable, culturally rich, and historically significant addresses in New York City.
Transit Access
Financial Overview
The Numbers
All financial information is approximate and subject to verification. Buyer should perform independent due diligence.
Your Broker
Schedule a
Private Showing
Ready to experience this loft in person? Reach out directly — showings are by private appointment.
Associate Broker · Compass
Request a Showing →Fair Housing Notice: Scott Elyanow, a licensed real estate salesperson and broker, is affiliated with Compass, a licensed real estate broker that adheres to equal housing opportunity laws. All material presented herein is for informational purposes only, compiled from sources deemed reliable but subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made regarding the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit already listed properties. Nothing herein shall be construed as legal, accounting, or other professional advice beyond the scope of real estate brokerage.