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Little Singer Building, 561 Broadway, #3ABC

$8,500,000 | 5 beds, 5 baths
Building Profile  | 
73 days on Market

Key Details

  • Listed: Sep 9, 2024
    Days on Market: 73
    Building Type: Cooperative
    Neighborhood: SoHo (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $16,966
Est. Monthly Mortgage: $45,104
Total Est. Monthly Carrying Cost: $62,070
Note: the above is based on a down payment of 20% ($1,700,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full floor live/work loft is located in the prime SoHo neighborhood, conveniently near luxury retail, cafes, and restaurants. The building is a classic Soho Cast Iron loft, an architectural masterpiece by Ernest Flagg.
  • Flexible Ownership and Security: The coop allows sublets, purchases in LLC’s and trusts, and offers a full-time doorman for added security. From the property, you can enjoy a beautiful city view.
  • Spacious and Versatile: The property offers a sprawling 8500 +/- square feet space with two separate spaces connected by a state-of-the-art theater. This offers flexibility and potential for residential use, live/work use, or simply work from the space.
  • Rich Architectural Details: The loft boasts rich architectural details including 11-foot ceilings, triple exposures, floor to ceiling French windows, Juliette balconies and exposed brick. The building amenities include an intercom and elevator.
  • High-Tech Features: This high-tech loft includes a state-of-the-art theater and an enormous and beautifully finished experience center. It also has two entrances with two separate and private passenger/freight elevators.
  • Peaceful and Private: The property features two large, quiet bedrooms for peaceful sleeping. It also offers privacy and versatility with two separate spaces connected by a theater.

Description

Full Floor Live/Work Loft in Prime Soho Sprawling approximately 8500 +/- square feet and positioned in the heart of prime Soho, this full floor live/work opportunity is rare and rich with potential. Encompassing the entire third floor of The Little Singer Building (aka 88 Prince Street & 561 Broadway), this turn of the century pre-war loft conversion is the perfect opportunity for buyers that desire the ability to live and work from a stunning space rich with architectural details including 11-foot ceilings, triple exposures, floor to ceiling French windows, Juliette balconies and exposed brick. Currently this high-tech loft is configured as two separate spaces connected by a state-of-the-art theater. Entering from the 88 Prince Street private elevator, you walk into a mint condition 2- bedroom 2-bathroom apartment with a gigantic living/family room and open kitchen which is perfect for entertaining friends and family.

There are two large bedrooms and bathrooms at the back which are quiet and peaceful for sleeping. Moving through the home, on the southeast side, you will walk through a discrete door into a spectacular home theater, which is perfect for anything from watching the newest Netflix series to editing the next Hollywood blockbuster. Adjacent to this theater is an enormous and beautifully finished experience center currently used by Savant Technology. This side of the loft is truly massive and complete with double powder rooms, an oversized designer bedroom suite, conference room, and entertaining salon. Residents of this loft have the utmost in flexibility with regards to how they can choose to use the space. It’s zoned as a live/work loft, there are two entrances with two separate and private passenger/freight elevators.

The coop allows sublets, residential use, live/work use, or simply work from the space and they also allow purchases in LLC’s and trusts. *Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

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Apartment Amenities

  • City View
Listing courtesy of Sothebys International Realty

Pricing History

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About Little Singer Building, 561 Broadway

83

Little Singer Building, 561 Broadway has received a CityRealty Rating of 83, 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

29
Out of 44
+
27
Out of 36
+
17
Out of 39
+
10
=
83
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 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:
Individual Designation 2 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 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 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:
Yes 1 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:
Yes 1 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:
None 0 out of 2 points

Building Amenities

  • Conversion Year: 1979
  • FT Doorman
  • High-Rise
  • Pre War
  • Intercom
  • Elevator

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Pros
  • Architectural masterpiece by Ernest Flagg
  • Doorman
  • Prime SoHo location
  • Very close to subway
  • Across street from Dean & DeLuca
  • Also fronts on Prince Street
  • Near many boutiques and restaurants
  • Beautiful balconies
  • Large apartments
Cons
  • No garage
  • No roof deck
  • No sidewalk landscaping
  • Considerable automobile and pedestrian traffic
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Subways

  1. N
  2. R
at Broadway 0.03 miles
  1. M
  2. B
  3. D
  4. F
  5. 6
at Houston 0.13 miles
  1. C
  2. E
at 6th Ave and Vandam 0.32 miles
  1. J
  2. Z
at Delencey 0.35 miles
  1. Q
at Broadway 0.37 miles
  1. 1
at Varick 0.43 miles
  1. A
at Thompson 0.43 miles

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