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In Contract

388 West Broadway, #3

$5,750,000 ($1,950 per ft2) | 2 beds, 2.5 baths | Approx. 2,948 ft2
Building Profile  | 
90 days on Market

Key Details

  • Listed: Sep 26, 2024
    Days on Market: 90
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
Monthly Common Charges: $3,512
Monthly Real Estate Taxes: $5,311
Total Taxes & Fees: $8,823 ($2.99/ft2)
Est. Monthly Mortgage: $34,569
Total Est. Monthly Carrying Cost: $43,392 ($14.72/ft2)
Note: the above is based on a down payment of 10% ($575,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2,948 sq ft full-floor loft is located in the heart of SoHo, close to designer boutiques, top-rated dining, charming cafes, and premier art galleries. It also offers convenient access to public transportation.
  • Unique Character and Sophistication: The loft boasts a blend of historic character and contemporary sophistication, featuring exposed wood beams, cast-iron columns, rich oak floors, and a wood-burning fireplace in the open living and dining area.
  • Spacious and Bright: With 11-foot ceilings, eight mahogany-framed windows provide abundant natural light and panoramic views. The expansive primary suite and second bedroom both come with custom walk-in closets and en-suite bathrooms.
  • Luxurious Amenities: The state-of-the-art open kitchen is equipped with custom maple cabinetry, granite countertops, and high-end appliances. The loft also includes a laundry room with a side-by-side washer and dryer, central heating and cooling, and smart wiring.
  • Flexible Layout: The loft offers the option to convert into a 3-bedroom, 3-bath layout, and comes with a spacious, deeded storage room.
  • Building Features: The historic and landmarked building provides private keyed elevator access, resident storage, central AC, video intercom, and a high fenestration ratio.

Description

Spacious 2,948 Sq Ft Full-Floor Loft on West Broadway, Soho - A Masterpiece of Style and Elegance!

Enter this stunning full-floor loft directly from your private keyed elevator and be welcomed into a beautifully designed space that perfectly blends historic character with contemporary sophistication. Stretching across the entire floor, this home offers immense proportions and exquisite original features that exude charm. The open living and dining area includes a warm wood-burning fireplace, exposed wood beams, iconic cast-iron columns, rich oak floors, and towering 11-foot ceilings.

Eight mahogany-framed windows span over 40 feet along West Broadway, filling the loft with abundant natural light and providing panoramic views of classic Soho scenery.

The state-of-the-art open kitchen is a dream come true for chefs and entertainers alike. It showcases custom maple cabinetry, sleek granite countertops, built-in wine storage, refrigerated drawers, a Thermador six-burner stove with oven and warming drawer, a SubZero fridge, and a Bosch dishwasher.

Escape to the expansive primary suite, a luxurious retreat complete with a custom walk-in closet. The en-suite bathroom offers a spa-like feel with Waterworks tile and fixtures, a marble-topped vanity, a deep soaking tub, and a separate steam shower for ultimate relaxation.

The second bedroom is also generously sized and features its own en-suite Waterworks bathroom and custom walk-in closet.

Additional highlights of this exceptional residence include a laundry room with side-by-side washer and dryer, a powder room, central heating and cooling, recessed lighting, and a spacious, deeded storage room. With the option to easily convert into a 3-bedroom, 3-bath layout (alternate floor plan available), this home offers endless possibilities.

Situated in an exclusive cast-iron condominium building in the heart of Soho, you are just steps away from designer boutiques, top-rated dining, charming cafes, and premier art galleries. Experience the best of downtown Manhattan loft living in this exceptional property.

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Apartment Amenities

  • City View
Listing courtesy of Serhant

Pricing History

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About 388 West Broadway

72

388 West Broadway has received a CityRealty Rating of 72, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
23
Out of 36
+
15
Out of 39
+
10
=
72
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2003
  • Pre War
  • Resident Storage
  • Central AC
  • Video Intercom
  • Elevator
  • In-Unit Washer/Dryer
  • Landmarked
  • Historic District

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Pros
  • 11-foot ceilings
  • Large apartments
  • Convenient to restaurants and boutiques
  • Distinguished cast-iron building
  • Very high fenestration ratio
  • Smart wiring
  • Video intercom system
  • Key-locked elevator
  • Prime Soho location
  • Close to Subway
Cons
  • No doorman
  • No balconies
  • Considerable traffic
  • No sidewalk landscaping
  • No concierge
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Subways

  1. C
  2. E
at 6th Ave and Vandam 0.16 miles
  1. 1
at Varick 0.21 miles
  1. A
at Thompson 0.26 miles
  1. N
  2. R
at Broadway 0.26 miles
  1. 6
at Lafayette 0.31 miles
  1. J
  2. Z
  3. Q
at Broadway 0.31 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.35 miles

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