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In Contract

465 West Broadway, #5N

$5,250,000 | 2 beds, 2.5 baths
Building Profile  | 
124 days on Market

Key Details

  • Listed: Jul 15, 2024
    Last Price Change: ($250,000) on Sep 5
    Days on Market: 124
    Building Type: Cooperative
    Neighborhood: SoHo (Manhattan)
    Listing viewed 175 times
Monthly Maintenance: $2,000
Est. Monthly Mortgage: $27,858
Total Est. Monthly Carrying Cost: $29,858
Note: the above is based on a down payment of 20% ($1,050,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious, approximately 3000 square foot, fully renovated home is located in the desirable SoHo neighborhood, offering access to fine dining, shopping, theaters, parks, gyms and nearby transportation.
  • Authentic and Unique Features: The property is an authentic SoHo artist’s loft in a turn-of-the-century building, featuring 17 windows, original brick and columns, a private keyed elevator, exposed wood beams, and windows facing in all directions for ample natural light.
  • Flexible and Modern Living Space: The flexible space can be used for living, dining, entertaining, or creative pursuits, with an open living/dining space, an oversized eat-in kitchen equipped with top-of-the-line appliances, and a built-in wine refrigerator.
  • Luxurious Bedrooms and Amenities: The principal bedroom suite boasts a large walk-in closet and an en-suite bathroom with dual vanity and a separate soaking tub, while the second bedroom features built-in shelving and an adjacent powder room. A washer/dryer is conveniently located in the hallway leading to the main bedroom.
  • Upgraded Features and Security: The home is upgraded with recessed lighting, a built-in sound system, central heating and cooling, and an advanced air filtration system. The building security system has been upgraded with remote access.
  • Ownership and Building Amenities: The property comes with a 10% ownership in the commercial space, resulting in greatly subsidized maintenance. The self-managed boutique co-op has only ten units, no flip tax required, and includes a large private storage room in the basement, intercom, and elevator.

Description

Fantastic opportunity to live and/or work in an authentic SoHo artist’s loft in a turn-of-the-century building, 465 West Broadway. 5N is a spacious, approximately 3000 square foot, fully renovated home with exposures in every direction, many original details, and various bespoke upgrades that make this a unique residence. Featuring 17 windows, original brick and columns, a private keyed elevator, and exposed wood beams, the loft offers homage to the original structure while creating a modern and comfortable space for living and creating.

Because of 10% ownership in the commercial space, maintenance is greatly subsidized by the retail rent, meaning shareholders pay a substantially reduced maintenance. One enters the property directly from the keyed elevator into huge, open and flexible space that can be used for living, dining, entertaining, or any number of creative pursuits. The fifth floor, unlike lower levels, has windows facing in all directions, including to the north, which provide an additional vector of lovely light. Multiple built-ins, two sink areas, and lots of storage create a versatile room that is both move-in ready and perfectly suited for many possible alternative configurations or designs.

Through a formal gallery on the east side of the apartment is the more classic great room: an open living/dining space with an oversized eat-in kitchen. This room offers three sides of exposures, a wood-burning fireplace, a fully renovated and modernized kitchen, and original beamed ceilings. There is plenty of room for multiple seating configurations, a formal dining area, and a media/office nook.

The modern kitchen features top-of-the-line appliances, including a Viking range and a Sub-Zero refrigerator. There is also a built-in wine refrigerator. The principal bedroom suite features a large walk-in closet and an en-suite bathroom with dual vanity and a separate soaking tub. Both the principal bathroom and the second full bathroom have marble countertops and flooring, as well as mosaic tile detailing on the floor.

The second bedroom has built-in shelving and features an adjacent powder room. There is a washer/dryer in the hallway leading to the main bedroom. Residence 5N was upgraded fully for the modern era.

This includes the addition of recessed lighting, a built-in sound system, central heating and cooling, and an advanced air filtration system. The building security system has recently been upgraded with a remote system that owners can access. There is also a large private storage room in the basement that trades with the apartment.

Experience the perfect blend of artistic charm, modern convenience, and prime location at 465 West Broadway, a self-managed boutique co-op in prime SoHo with only ten units. This well-run co-op requires a minimum of 25% down, and does not carry a flip tax. This loft is a masterpiece. Once you leave the comfort of your home you have access to fine dining, some of the city’s best shopping, theaters, parks, gyms and nearby transportation.

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Listing courtesy of Compass

Pricing History

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About 465 West Broadway

Building Amenities

  • Conversion Year: 1985
  • Pre War
  • Intercom
  • Elevator

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Subways

  1. N
  2. R
at Broadway 0.19 miles
  1. C
  2. E
at 6th Ave and Vandam 0.19 miles
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  4. F
  5. 6
at Houston 0.21 miles
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at Varick 0.31 miles
  1. A
at 6th Ave and Waverly Pl 0.41 miles
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at Broadway 0.48 miles