$3,950,000
Updated 11 years ago
Sold

451 Broome Street, 3-W

Soho, Manhattan | Broadway & Mercer Street

Loft 4 Rooms2 Beds1 Bath2,300 Square FeetCo-op

$3,950,000
Price Per SF
$1,717

This property was sold for $3,950,000 on 02/09/16.

Listing Features

  • Architectural Dtls
  • Corner Apartment
  • Ground Floor
  • High Ceilings [11']
  • Washer / Dryer
  • Arched Windows
  • Oversized Windows
  • Dishwasher
  • Oversized Bathroom

Outdoor space and views

  • City Views
  • North Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Keyed Elevator
  • Storage

Policies

  • Pets Allowed

Property Description for 451 Broome Street, 3-W

Quintessential SoHo loft in the heart of everything boasts around 2300 square feet in a flexible floor plan, high ceilings, two exposures, and no maintenance. This rectangular corner unit overlooking Broome and Mercer is currently configured as 2 beds, an oversized bath, with an in-unit washer-dryer, but can be easily reconfigured to three or four bedrooms and two baths which other units have done. Ceilings are about 116. A total of 13 over-sized windows face West and North with original rosewood window casings complementing the plaster corbels. The land marked prewar Silk Exchange building is typical of late 19th century masonry construction which was later converted to a co-op with 23 residential units. The building was one of the first to feature a type of steel and concrete core, which made the units nearly soundproof, and was wrapped in arched windows and decorative spandrels. Each unit has its own storage area in the basement. The co-op owns the retail space on the ground floor, and the income typically offsets the operating costs and capital improvements. In recent years the shareholders have even enjoyed surplus distributions. The three elevators, lobby, and mail room have been recently restored, along with a new furnace and risers. Part-time doorman. Pet friendly building.

Listing History for 451 Broome Street, 3-W

Now
02/09/2016
$3,950,000
Sold and Closed by Haruno Arai
Corcoran
2016

Building Details for 451 Broome Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1895
Financing Allowed80%
Floors/Apts12/23
Learn More About the Building

Transit and Citi Bike

Subway

Spring St
0.18 miles
Canal St
0.18 miles
Prince St
0.22 miles
Canal St
0.26 miles
Canal St
0.3 miles

Citi Bike

Grand St & Greene St
0.1 miles
Mercer St & Spring St
0.12 miles

Contact Agents

Contact Agents

Haruno Arai
Corcoran

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: 1506723