$6,750,000
Updated 11 years ago
Off Market

47 Howard Street, 5

Soho, Manhattan | Broadway & Mercer Street

Loft 4 Rooms2 Beds2 Baths3,400 Square FeetCo-op

$6,750,000
Maintenance$2,700
Price Per SF
$1,985

Listing Features

  • Exposed Brick
  • Full Floor
  • High Ceilings [13']
  • Open Space
  • Penthouse/Top Flr
  • Recessed Lighting
  • Track Lighting
  • Washer / Dryer
  • Skylights
  • Dishwasher
  • Open Kitchen
  • Windowed Kitchen

Outdoor space and views

  • Private Roof
  • City Views
  • East Exposure
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Keyed Elevator

Policies

  • Pets Allowed

Property Description for 47 Howard Street, 5

Top floor authentic Soho loft with divine light, roof terrace and share of an income-producing LLC ( which covers monthly maintenance). Measuring 25x137, the loft spans the length of an entire city block, has three exposures, 13ft. ceilings and a central vault of skylights. 2/3 of the roof transfers with the sale, over 2000 sq. ft. of green potential waiting for a living wall, reflecting pool, green lawn or prarie grass. SoHo Cast-Iron district overlooks historic Howard Street limestone architecture to the North and South open Tribeca views. Since inception the loft has been used by artists taking advantage of natural sunrise to sunset light but the co-op will issue a waiver. Key-lock elevator access from Canal Street Entrance. A 25% share in an income producing LLC valued at close to $1million includes a 3400 sq. ft. of commercial retail with two storefronts. The LLC covers monthly payments, generates revenues and ensures the financial strength of the co-op.

Listing History for 47 Howard Street, 5

Now
11/15/2015
POM by Madeleine Dale
Brown Harris Stevens Residential Sales LLC
08/17/2015
TOM by Madeleine Dale
Brown Harris Stevens Residential Sales LLC

Building Details for 47 Howard Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1863
Financing Allowed75%
Floors/Apts5/6
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.03 miles
Canal St
0.2 miles
Franklin St
0.28 miles
Spring St
0.29 miles
Canal St
0.32 miles

Citi Bike

Lispenard St & Broadway
0.06 miles
Howard St & Lafayette St
0.11 miles

Contact Agent

Contact Agent

Madeleine Dale
Brown Harris Stevens

Soho | Manhattan

Quick Profile

Famous for its art galleries, designer boutiques, cobblestone streets and cast-iron architecture, SoHo has always been full of buzz - wowing both tourists and locals alike. It’s rich with history (more so than most neighborhoods). So, whether you’re a computer nerd, serial shopper or foodie, you’re guaranteed to find something exciting to do in this storied neighborhood.

SoHo is bounded by Houston Street to the north, Canal Street in the south, 6th Avenue to the west and Crosby Street on the east.

The neighborhood has gone through many ups and downs over its long history. Enough to make a voluminous history book. When the Dutch discovered Lower Manhattan, they came across indigenous people living on the island. Technically, the American Indians were the first Manhattanites and then the Dutch moved in making them the second original Manhattanites. 

After the Civil War ended, the west side of Lower Manhattan flourished because the shipping routes changed. Textiles and the need for all types of products increased. Warehouses and large lofts were built and replaced farmland to accommodate the commerce. Many of those buildings are still standing and give SoHo its unique character and charm.

The bustling commerce eventually stopped and in the mid 1800’s, well-to-do families began moving into SoHo. They built exquisite buildings, many of which are characterized by their cast-iron facades. Soon after it became residential, theatres, music halls and eateries followed. The wealthy eventually left and the once prosperous district began another decline.  

The 1960’s marks SoHo’s most definitive period. City planners lost their bid to build a major highway that would level a portion of the neighborhood and many historic buildings. After their failed attempt to revitalize SoHo, artists quickly moved into the empty lofts and warehouses. Some legally, and other move-ins, not so legal. The city turned a blind eye. Artists of all mediums working from their new creative spaces created a ripple in the art scene. It was such a ripple that the well-to-do uptown crowd started buying their art and hanging out with them. The uptown folks eventually moved into the neighborhood and began buying up the lofts and warehouses. As soon as the word spread, up went the property values and the rest is history. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1443729