Spring + Thompson launches sales on rare SoHo condos + See notable listings in this iconic NYC neighborhood

By CityRealty Staff | From Future New York Thursday, June 13, 2024

Fifty years ago, SoHo began its evolution from factories to fabulous lofts, which were first inhabited by enterprising artists who embraced the open floor plans, large windows, and cheap prices. In doing so, they brought renewed glamour to a "blighted" area that had gone slowly downhill when the textile companies and dry-goods wholesalers departed a half-century ago.

Today, a walk down the streets of Soho shows that the area is almost all glamour: the architecturally significant cast-iron buildings have been refreshed and often converted, there are many restaurants by world-renowned chefs and dozens of high-end designer shops. This all comes at a cost, of course, as the artists who played an important part in resurrecting the neighborhood can no longer afford to live there: The median price of a Soho condo is $4.675 million, and their co-op counterparts come to a median price of $2.997 million.

Such daunting prices and almost no new supply have resulted in a neighborhood only the wealthy can live in. After years of planning, in late 2021, the New York City Council passed a rezoning plan to create a more inclusive neighborhood and foster new residential construction. Elected officials and local activists grappled with how to add more housing while preserving the iconic architectural and artistic character of the area. Approved changes include changing strictly manufacturing-zoned areas into mixed-use manufacturing and residential zoning and incorporating Mandatory Inclusionary Housing which requires new residential buildings to set aside a percentage of units for affordable housing.

View of SoHo from One Kenmare Square PH2A (Compass)

The fruits of the SoHo rezoning have yet to be reaped and will predominantly benefit the rental market as new mixed-income buildings are introduced. As for the sales market, prices remain eye-wateringly high with just 126 apartments for sale. Low inventory and high prices have dampened sales velocity over the last several years, especially since the near-full sellouts of the Hudson Square-West SoHo condos of 77 Charlton, Greenwich West, and 70 Charlton.

One of the few ground-up condo projects in the pipeline for SoHo is taking shape at 83 Thompson Street / 186 Spring Street, directly across from the beloved Vesuvio Playground, named after the popular Vesuvio Bakery nearby. Known as Spring + Thompson, this seven-story building has been designed to blend seamlessly with its historic surroundings, a design approved by the Landmarks Preservation Commission.

Spring + Thompson aims to cater to the most discerning modern residential tastes, offering seven ultra-luxury homes designed by Selldorf Architects, the acclaimed firm behind 42 Crosby Street nearby and Park House in West Chelsea.

Floor plan of Spring +Thompson, Residence #5

Floor plan of Spring +Thompson, Residence #3W

Last week, the first two residences became available. Residence #5, priced at $14.85 million, is a full-floor, four-bedroom unit flooded with light from oversized picture windows overlooking the park across Spring Street. This residence features mahogany cabinetry, lavastone countertops, and a five-fixture primary bath with a freestanding tub. For buyers seeking a smaller home, Residence #3W, asking $4.975M, also hit the market last week. This home enjoys views of the leafy playground across the street and includes a 246-square-foot terrace off a gracious primary bedroom suite.

The concrete frame is topped out as of early spring but the facade has yet to be installed (CityRealty)

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While pricey, the area retains a cozy quintessentially downtown feel

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Outside of the residential market, in 2021, the Soho Broadway Initiative BID proposed making SoHo's streets more pedestrian-friendly. Their Public Realm Framework + Vision Plan proposes reducing traffic, increasing sidewalk space and public amenities, and establishing public plazas along Prince and Howard Streets. The plan cites the public plazas along Broadway near and above 23rd Street as examples.

Renderings and maps via Soho Broadway Initiative BID

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As Spring + Thompson readies for delivery, we explore the most dramatic, newest, affordable, and most eye-catching listings currently on the market in the beloved downtown district.

SoHo's Largest and Most Expensive Listing Right Now

100 Vandam Street, #20A
$35,000,000 (-12.5%)

SoHo | Condominium | 6+ Bedrooms, 6+ Baths | 6,569 ft²

100 Vandam Street, #20A (Nest Seekers LLC)

From the Listing: Sublime, contemporary, tailored beauty at every turn, The Penthouse at the Coveted 100 VANDAM is a masterpiece, in every detail, in every square inch and is the new definition of an ultra-luxurious tailor-made Private Residence.

Upon entering, you will immediately understand that The Duplex is unworldly, entirely jaw-dropping, and within the first step, will take your breath away. Keyed-elevator opens into each floor, two, offering unreal views of every architectural masterpiece from every vantage point and from every room within the Residence– from the Empire State Building and Chrysler building to your North, the Hudson River to the West, and award-winning worthy cinematic views to the South of The Statue of Liberty standing proudly in the New York Harbor facing the massiveness of The Freedom Tower, the classic Robert A.M.Stern’s Four Seasons, 56 Leonard with its glass cantilever chicness, The Woolworth Building and every other quaint and modern dwelling in between; all making The Penthouse vistas the most incredible, beautifully layered rolling architectural landscape that defines New York City. This one is truly, one-of-a-kind. See floor plan and full details here.

SoHo's Least Expensive Sale Listing Right Now

145 Sullivan Street, #4D
$550,000 (-4.3%)

SoHo | Cooperative | Studio, 1 Bath

145 Sullivan Street, #4D (Eastpointe Residential Inc)

From the Listing: Welcome to 145 Sullivan Street, where luxury meets the quintessential SoHo lifestyle in this stunningly renovated spacious studio apartment. As you step inside, you're greeted by an expansive living space adorned with high ceilings that exude a sense of grandeur and airiness. The studio boasts a thoughtfully designed sleep loft, offering a cozy retreat from the bustling city below while maximizing the floor space below. Gleaming hardwood floors flow seamlessly throughout, adding warmth and sophistication to the ambiance. See floor plan and full details here.

SoHo's Median Condo Listing Price: $4.675M

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425 Broome Street, #4
$4,750,000

SoHo | Condominium | 2 Bedrooms, 2 Baths | 2,000 ft²

425 Broome Street, #4 (Brown Harris Stevens Residential Sales LLC)

From the Listing: A true unicorn... Perched at the corner of Crosby and Broome Streets on one of Soho's most sought-after cobblestone blocks, you'll find this pure and authentic condominium loft bathed in natural light from south and west exposures and featuring a large flexible layout with open views of the surrounding historic district from 13 double-glazed windows. A keyed elevator opens directly to this expansive home featuring a spacious corner living room with original pressed-tin ceilings, a separate kitchen and dining area, a bright bedroom and 2.5 bathrooms. See floor plan and full details here.

SoHo's Median Co-op Listing Price: $2.99M

160 Avenue of the Americas, #5thFloor
$2,995,000

SoHo | Cooperative | 2 Bedrooms, 2 Baths | 2,400 ft²

160 Avenue of the Americas, #5thFloor (Sothebys International Realty)

From the Listing: Full floor loft in the heart of historic SoHo! Take the oversized key-locked elevator up to your amazing authentic loft with timber frame columns and wood-hewn beams, high ceilings, exposed brick, huge windows and great light. Enter into a broad living room and take in the history that is in this space. With incredible details and deep character, you will know you’ve just found something that is truly one of a kind. C See floor plan and full details here.

SoHo's Median 1-Bed Condo Listing Price: $1.71M

300 Spring Street, #4B
$1,550,000 (-11.4%)

SoHo | Condominium | 1 Bedroom, 1 Bath | 860 ft²

300 Spring Street, #4B (Sothebys International Realty)

From the Listing: Modern, open, and bright, 1 Bedroom with private Balcony off of the Living Room offering views of the water and overlooking picturesque Spring Street. The Living Room is very large and bathed in light from a wall of floor-to-ceiling windows. Off the living room is a lovely Balcony with water views. See floor plan and full details here.

SoHo's Median 2-Bed Condo Listing Price: $4.35M

45 Crosby Street, #6N
$4,375,000 (-7.9%)

SoHo | Cooperative | 2 Bedrooms, 2 Baths

45 Crosby Street, #6N (Compass)

From the Listing: Welcome home to 6N – a one-of-a-kind full-floor loft perched high above Crosby Street. Showcasing two bedrooms, two bathrooms and a stunning renovation featuring fluted plaster walls and handsome walnut flooring, this property must be seen in person to be fully appreciated. Just one floor below the penthouse, 6N benefits from tons of natural light, 10-foot ceilings and the largest windows in the building.After a significant renovation completed in 2018 and a feature in Interiors: Europe and the Americas II, 6N is now ready for its next owner. See floor plan and full details here.

SoHo's Median 3-Bed Condo Listing Price: $5.995M

16 Crosby Street, #LOFT5F
$5,750,000

SoHo | Cooperative | 2 Bedrooms, 1.5 Baths | 2,920 ft²

16 Crosby Street, #LOFT5F (Douglas Elliman Real Estate)

From the Listing: Introducing Residence 5F at 16 Crosby, an extraordinary loft nestled within the heart of Soho. This urban oasis has a thoughtfully curated layout featuring 2 bedrooms and 2.5 bathrooms, providing an expansive 2,900-sf canvas for both relaxation and productivity. See floor plan and full details here.

Best Deals

149 Sullivan Street, #3C
$700,000 (-4.1%)

SoHo | Cooperative | 2 Bedrooms, 1 Bath

149 Sullivan Street, #3C (Serhant LLC)

From the Listing: An exciting Downtown lifestyle or prime investment property awaits in this lovely 2-bedroom, 1-bathroom co-op situated at the nexus of SoHo, Greenwich Village, and Hudson Square. Unlimited subletting gives owners the flexibility to use the home as a primary residence or income-generating rental when not in use. See floor plan and full details here.

18 Mercer Street, #1A
$1,750,000 (-16.7%)

SoHo | Cooperative | 2 Bedrooms, 1 Bath | 1,800 ft²

18 Mercer Street, #1A (Compass)

From the Listing: Experience the epitome of downtown living with this exceptional 2-bedroom Duplex Loft on Mercer Street in prime SoHo! Discover the main floor's captivating features – soaring 15ft ceilings, exposed brick, and original hardwood flooring. The rear showcases a unique old-world solarium, exclusive to first-floor homes from this era. Ascend the stylish steel staircase to the kitchen bathed in natural light. See floor plan and full details here.

SoHo's Best New Construction Listings

565 Broome SoHo, #S10C
$4,200,000

SoHo | Condominium | 2 Bedrooms, 2.5 Baths | 1,681 ft²

565 Broome SoHo, #S10C (Douglas Elliman Real Estate)

From the Listing: Welcome to your Soho sanctuary in the sky! This breathtaking 2-bedroom, 2.5-bathroom home at 565 Broome Street gives you 1,681 square feet of elegant yet comfortable living space, bathed in natural light flooding through dramatic floor-to-ceiling windows. With mesmerizing unobstructed views of the Manhattan skyline, Hudson River, and New York Harbor, complemented by lofty 10-foot ceilings and exquisite 6-inch wide plank white oak floors, every detail in this remarkable residence has been thoughtfully curated to make you feel inspired yet at home. See floor plan and full details here.

10 Sullivan Street, #10A
$9,299,000

SoHo | Condominium | 3 Bedrooms, 3.5 Baths | 2,950 ft²

10 Sullivan Street, #10A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Welcome to your private floor, private outdoor space, private parking spot, private storage, and the first floor in the building to offer unobstructed and breathtaking views from all 4 exposures...at the best prime SoHo full-service condo - 10 Sullivan. This architecturally significant full-floor, 3-bedroom, 3.5-bathroom home spans across approx. 2,950 square feet of interior space. Additionally, it boasts approx.404 square feet of private outdoor space, wrapping around the Western and Northern sides of the building and offering sweeping views including mesmerizing sunsets. See floor plan and full details here.

Greenwich West, #PH29C
$8,385,000

SoHo | Condominium | 2 Bedrooms, 2.5 Baths | 2,005 ft²

Greenwich West, #PH29C (Corcoran Sunshine Marketing Group)

From the Listing:
Over 90% Sold! Now Offering 3-Years Free Common Charges Paid by Sponsor

At the pinnacle of 110 Charlton Street, Penthouse 29C is a remarkable two-bedroom, two-and-a-half-bath condominium residence that offers mesmerizing views of the Hudson River and Manhattan skyline. This beautiful residence boasts three distinct outdoor terraces, allowing you to enjoy the splendor of the surroundings. The esteemed Parisian architect Sebastien Segers has meticulously conceptualized and crafted every facet of Greenwich West's interior. Oversized casement windows usher in abundant natural radiance, illuminating the wide-plank European white oak flooring. See floor plan and full details here.

New and Noteworthy Listings

255 Hudson Street, #6B
$2,195,000

SoHo | Condominium | 2 Bedrooms, 2.5 Baths | 1,407 ft²

255 Hudson Street, #6B (Corcoran Group)

From the Listing: Fantastic, spacious two-bedroom, two-and-a-half-bathroom home at 255 Hudson Street, a full-service condominium in Hudson Square. Set back from quiet Renwick Street and overlooking the outdoor garden areas maintained by the ground-floor townhouses, this apartment enjoys sunlight and quiet through oversized, floor-to-ceilings windows all day long. A gracious entry gallery leads to the large West-facing great room with 10ft. ceilings and beautiful custom built-ins with custom lighting. See floor plan and full details here.

Charlton House, #6E
$2,495,000

SoHo | Cooperative | 2 Bedrooms, 2 Baths

Charlton House, #6E (Corcoran Group)

From the Listing: Rarely available spacious and elegant 2BR/2BA move-in ready co-op. Perfectly located in the Hudson Square area of West SoHo amidst all that lower Manhattan has to offer. This beautiful apartment was fully renovated just a couple of years ago, featuring the finest fixtures and finishes. The oversized living and dining areas enjoy an exceptionally bright and open view all the way to midtown and the Empire State Building. These areas feature wide plank European white oak floors, custom molding, wall sconces by Apparatus Studio and lighting fixtures by Visual Comfort. Big enough to entertain graciously, to host a large dinner party and to live most comfortably day to day. See floor plan and full details here.

108 Wooster Street, #3D
$2,500,000 (-2.9%)

SoHo | Cooperative | 2 Bedrooms, 1.5 Baths

108 Wooster Street, #3D (Compass)

From the Listing: Super low maintenance in a meticulously renovated 1 bedroom + home office, 1.5 bathroom in the best location in Soho. The apartment opens into the living room where you're greeted with high ceilings, beautiful white oak floors and custom walnut millwork throughout. See floor plan and full details here.

136 Sullivan Street, #2
$2,995,000

SoHo | Condominium | 2 Bedrooms, 2 Baths | 1,300 ft²

136 Sullivan Street, #2 (Compass)

From the Listing: Experience chic living in this full-floor loft on one of the most prized blocks in SoHo. Occupying the entire second floor of a boutique condo on picturesque and tree-lined Sullivan Street, this two-bedroom, two-bathroom residence epitomizes downtown style and sophistication in one of New York City's most coveted neighborhoods.

As the elevator opens directly into your private oasis, you are greeted by an expansive open floor plan that seamlessly blends modern design with classic SoHo charm. Eight oversized windows span the length of the living room, bathing the space in natural light.The room features multiple seating areas with a beautiful gas fireplace as the centerpiece. The expansive living and dining areas are perfect for hosting fabulous dinner parties or enjoying quiet nights at home. See floor plan and full details here.

554 Broome Street, #R4
$3,200,000

SoHo | Condominium | 2 Bedrooms, 2 Baths | 2,000 ft²

554 Broome Street, #R4 (OFFICIAL)

From the Listing: Newly renovated full-floor condominium loft with modern finishes and original pre-war detail. This pristine two-bedroom, two bathroom loft has undergone meticulous renovation while keeping much of the original pre-war character intact. Original chestnut floors, renovated kitchen, brick walls and beautiful arched front windows with Southern exposure highlight the rare charm of this Soho loft. See floor plan and full details here.

77 Mercer Street, #4N
$3,300,000

SoHo | Condominium | 2 Bedrooms, 2 Baths | 1,864 ft²

77 Mercer Street, #4N (Corcoran Group)

From the Listing: GRAND AND GRACIOUS true SoHo loft in a prime cast-iron building on an unbeatable location. Key-locked elevator-landing opens onto a dramatic Living/Dining great room with super-high ceilings, wood-burning fireplace, and a wall of east-facing windows. See floor plan and full details here.

393 West Broadway, #3WO
$3,995,000

SoHo | Cooperative | 3 Bedrooms, 2.5 Baths | 3,600 ft²

393 West Broadway, #3WO (Douglas Elliman Real Estate)

From the Listing: Stunning, meticulously renovated, sunkissed 3,600+ SF LOFT in prime SoHo! 3 LARGE BED CHAMBERS or transform it into four+ bedrooms. East light and tranquil views from the wall of SIX massive mahogany double-glazed windows greet you as you enter the dramatic 50-ft wide Great Room with 11-ft tin-pressed ceilings, cast-iron pillars and gleaming, wide-plank, stained hickory floors. See floor plan and full details here.

118 Wooster Street, #4/5C
$4,850,000

SoHo | Condominium | 3 Bedrooms, 3 Baths | 2,476 ft²

118 Wooster Street, #4/5C (Sothebys International Realty)

From the Listing: Welcome to apartment 4/5C. Located on one of the most desirable blocks of Soho, this stunning duplex is not to be missed. Upon entry you will be greeted with tall ceilings and a spacious foyer and powder room. Continue through the entry hall to the impressive and expansive loft layout, beautifully designed with an open kitchen, adjacent dining area, and enormous living room 24 feet wide. Four large west-facing windows provide excellent natural light and views over the iconic and cobblestoned Wooster Street. See floor plan and full details here.

476 Broadway, #8
$5,850,000

SoHo | Condop | 2 Bedrooms, 2.5 Baths | 2,370 ft²

476 Broadway, #8 (Brown Harris Stevens Residential Sales LLC)

From the Listing: SoHo's best in class a genuine triple threat offering! Situated on the 8th floor, above the five and six-story buildings that dominate historic SoHo, this high floor loft has spectacular far reaching views to the north, south and east through 15 oversized windows that provide wonderful light all day long. A flawless, no expense spared renovation, offering 2-3 bedrooms, 2.5 bathrooms and a kitchen with premium finishes and appliances. See floor plan and full details here.

145 Sixth Avenue, #3DE
$5,995,000

SoHo | Condominium | 3 Bedrooms, 3.5 Baths | 3,250 ft²

145 Sixth Avenue, #3DE (Brown Harris Stevens Residential Sales LLC)

From the Listing: This pristine 3,250SF condominium loft is located right at the crossroads of Soho and Hudson Square and offers clean modern lines, a spacious 3-bedroom, 3.5 bath layout and crisp contemporary finishes throughout. A wide entrance gallery ideal for displaying art, leads to an expansive corner Living/Dining room with massive timber columns, 11-foot beamed ceilings and sunny south/west exposures from a wall of oversized picture windows. See floor plan and full details here.

115 Spring Street, #2
$6,495,000

SoHo | Cooperative | 3 Bedrooms, 2.5 Baths | 3,000 ft²

115 Spring Street, #2 (Compass)

From the Listing: Your downtown dream loft awaits at 115 Spring Street, a classic cast-iron prewar building in the heart of coveted Soho! Here you’ll enjoy the finest standard of living in a sprawling full-floor loft offering 3 bedrooms, 2.5 bathrooms, and expansive open concept entertaining spaces. A key-locked elevator transports you directly from the street into the stylish home which is bathed in light and impeccably designed.Enhancing the ambience are airy 12’ ceilings, architectural columns, double-glazed wood-framed windows with picturesque views of the neighborhood, and a Lutron lighting system. See floor plan and full details here.

15 Mercer Street, #4
$6,500,000

SoHo | Condominium | 2 Bedrooms, 2 Baths | 3,100 ft²

15 Mercer Street, #4 (Nest Seekers LLC)

From the Listing: This 3,100-square-foot loft in the heart of SoHo is a true gem. Upon entering this gracious loft residence, the 13-foot ceiling heights and 8-foot-wide windows immediately stand out and differentiate this apartment as the epitome of downtown chic.

The key-locked elevator brings you to this spectacular 2-bedroom, 2-bath home that has been completely renovated with top-of-the-line finishes. The loft features a multiple zone Audio/Visual system, a chef's kitchen with high-end Miele, Viking, and Sub-Zero appliances, a wine fridge, and a separate laundry room with a state-of-the-art washer and dryer. See floor plan and full details here.

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In this article:

100 Vandam Street, #20A
$35,000,000 (-12.5%)

145 Sullivan Street, #4D
$550,000 (-4.3%)

Select which properties are of interest to you:

425 Broome Street, #4
$4,750,000

160 Avenue of the Americas, #5thFloor
$2,995,000

300 Spring Street, #4B
$1,550,000 (-11.4%)

45 Crosby Street, #6N
$4,375,000 (-7.9%)

16 Crosby Street, #LOFT5F
$5,750,000

149 Sullivan Street, #3C
$700,000 (-4.1%)

18 Mercer Street, #1A
$1,750,000 (-16.7%)

565 Broome SoHo, #S10C
$4,200,000

10 Sullivan Street, #10A
$9,299,000

Greenwich West, #PH29C
$8,385,000

255 Hudson Street, #6B
$2,195,000

Charlton House, #6E
$2,495,000

108 Wooster Street, #3D
$2,500,000 (-2.9%)

136 Sullivan Street, #2
$2,995,000

554 Broome Street, #R4
$3,200,000

77 Mercer Street, #4N
$3,300,000

393 West Broadway, #3WO
$3,995,000

118 Wooster Street, #4/5C
$4,850,000

476 Broadway, #8
$5,850,000

145 Sixth Avenue, #3DE
$5,995,000

115 Spring Street, #2
$6,495,000

15 Mercer Street, #4
$6,500,000

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