Updated 2 days ago
In contract

The Singer Building

561 Broadway, 4-A

Soho, Manhattan | Spring Street & Prince Street

Loft 3 Rooms1 Bed1 Bath2,400 Square FeetCo-op

$2,750,000
Maintenance$6,300
Price Per SF
$1,146

Listing Features

  • French Doors
  • High Ceilings
  • Live/Work
  • Flr-to-Clg Windows

Outdoor space and views

  • Juliet Balcony
  • City Views
  • East Exposure

Building Amenities

  • Video Intercom
  • Keyed Elevator

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 561 Broadway, 4-A

Opportunity awaits in this expansive loft in Little Singer Building. You may live, live-work or just work in this 1903 Beaux-Arts gem on Prince Street. The 47 foot wide Juliet balcony offers glorious light , eastern views and city vistas. The large alcove, interior spaces and bathrooms offer endless possibilities. The building permits sublets and purchase by LLC's. The current buildout includes a kitchen, bath, washer/dryer and an AC unit . Come take a look and dream. Images have been virtually staged.

Ernest Flagg, a Beaux-Arts trained New York architect designed the "Little Singer Building" in 1902. Its construction began in the spring of 1903, five years before he would create the Singer Tower that for a short time was the world's tallest building. The tower came down in 1967, but fortunately the Singer Loft Building at 561 Broadway survived. Since 1979, it has been a co-op with a mixture of residential and commercial uses: 20 offices and 15 live/work units for artists. The airy look of the Little Singer derives from its very wide windows together with the lacy strip balconies across each level. These balconies have delicate wrought iron railing, sophisticated in design and varying from floor to floor. Over the years beginning in 1983, the aging one time factory was restored by the co-op. This included repainting the decorative ironwork the same deep green color that Flagg had used in 1903.

Listing History for 561 Broadway, 4-A

Now
01/19/2024
Contract Signed by Michael Soheil
Corcoran
2024

Building Details for 561 Broadway

OwnershipCo-op
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1902
Financing Allowed90%
Floors/Apts12/26
Learn More About the Building

Transit and Citi Bike

Subway

Prince St
0.03 miles
Spring St
0.13 miles
Broadway-Lafayette St
0.14 miles
Bleecker St
0.23 miles
Spring St
0.33 miles

Citi Bike

Mercer St & Spring St
0.07 miles
Greene St & Prince St
0.1 miles

Building Availability

APPSF
Median
Average
$717
$5,750,000
$5,750,000
$1,146
$2,750,000
$2,750,000
$60
$12,000
$12,000
Last 12 months
$59
-
-

Loft1 Bedrooms in Soho

APPSF
Median
Average
$1,783
$2,490,000
$2,513,333
$1,601
$2,490,000
$2,411,667

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: 1203560