View of SoHo from One Kenmare Square PH2A (Compass)
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, the restaurants by world-renowned chefs, the incredible crop of designer boutiques. This all comes at a cost, of course, as the artists who played an important part in resuscitating the neighborhood can no longer afford to live there: The median price of a Soho condo is $4 million, and their co-op counterparts come to median price of $3.225 million.
Such daunting prices have not turned away wealthy buyers. CityRealty listings show only 154 apartments for sale in the neighborhood; and, with only nine months of sales data on record for 2021, the number of deals closed in Soho is already 122 percent higher than all of 2020. Additionally, the aggregate dollar amount of deals closed in Soho in the first nine months of 2021 is more than double that of the entire 2020 year.
Today, a walk down the streets of Soho shows that the area is almost all glamour: the architecturally significant cast-iron buildings, the restaurants by world-renowned chefs, the incredible crop of designer boutiques. This all comes at a cost, of course, as the artists who played an important part in resuscitating the neighborhood can no longer afford to live there: The median price of a Soho condo is $4 million, and their co-op counterparts come to median price of $3.225 million.
Such daunting prices have not turned away wealthy buyers. CityRealty listings show only 154 apartments for sale in the neighborhood; and, with only nine months of sales data on record for 2021, the number of deals closed in Soho is already 122 percent higher than all of 2020. Additionally, the aggregate dollar amount of deals closed in Soho in the first nine months of 2021 is more than double that of the entire 2020 year.
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Those buying and living in Soho could have a front-row seat to changes taking place in New York. A rezoning for Soho and Noho has been in the works for years, with elected officials and local activists grappling with how to add more housing while preserving the architectural and artistic character of the area; most recently, City Planning suggested decreasing the amount of commercial space available in certain areas, and critics called for more affordable housing.
Moreover, between the absence of tourists and closing stores, the Soho Broadway Initiative BID has proposed revitalizing the area by making it 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, and has already attracted the support of Manhattan Borough President Gale Brewer. As an example of how this might look, "Little Prince Plaza" (Prince Street between Broadway and Mercer Street) will be closed to vehicular traffic on Saturdays in October.
Below, we explore the most dramatic, newest, affordable, and most eye-catching listings currently on the market in the beloved downtown district.
Moreover, between the absence of tourists and closing stores, the Soho Broadway Initiative BID has proposed revitalizing the area by making it 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, and has already attracted the support of Manhattan Borough President Gale Brewer. As an example of how this might look, "Little Prince Plaza" (Prince Street between Broadway and Mercer Street) will be closed to vehicular traffic on Saturdays in October.
Below, 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
All images of 69 Wooster Street via Reserve Real Estate
From the Listing: A rare opportunity to own one of downtown Manhattan's largest loft penthouses. The Piero Manara & Debla Manara-Berger, of Casamanara, the designed apartment offers an expansive 7,500 sq ft interior with a gracious 4,200 sq ft of unique covered and uncovered outdoor terrace space and sweeping 360-degree views. See floor plan and full details here.
SoHo's Least Expensive Listing Right Now
From the Listing:
147 Sullivan Street feels like a charming European residence. This distinctive 5-story, 18-unit prewar SoHo Co-op has some nice original detailed finishes. Apartment 3C hasn't been available in over 30 years and now its your opportunity to purchase this historic property as your primary residence OR an income-producing investment (rent it out!). See floor plan and full details here.
SoHo's Median Condo Listing Price: $3.99M
(Carini Group)
From the Listing: This 3 Bedroom, 3 bathrooms home features 13 foot soaring ceiling, a brand new renovation and furnishings, a gas fireplace, chefs kitchen open concept, an additional media room accessible by a dramatic glass staircase, exposed bricks and Venetian Plaster custom work, to name a few of the details. Accessible by keyed elevator in a boutique building, you will be living in arguably one of the most sought-after blocks in SoHo with tons of shopping, entertainment, and vibrant food and art scene. See floor plan and full details here.
SoHo's Median Co-op Listing Price: $2.95M
From the Listing:
This authentic top floor loft is located in one of Soho's most revered buildings offers dramatic skyline views to the North, South, and West. A one of a kind space with restored original oak framed windows showcasing every iconic building on the Manhattan skyline, the expansive open living/dining/kitchen is graced with a stunning raised skylight. This sun-blasted home is rich with original architectural detail while offering an updated kitchen and bathrooms. Presently configured as a two-bedroom, the space can easily accommodate a third bedroom. Convenient to the best restaurants and shopping Soho has to offer, with easy access to public transportation.
See floor plan and full details here.
SoHo's Median 1-Bed Condo Listing Price: $1.82M
(Douglas Elliman)
From the Listing: Located at the corner of Prince Street and Wooster Street this location is unbeatable SoHo.Brick walls, incredible ceilings and open space add to this lofts appeal. See floor plan and full details here.
SoHo's Median 2-Bed Condo Listing Price: $3.3M
From the Listing:
Quintessential, heart of SoHo Penthouse Condominium. Located on a chic and quiet cobblestone street between Spring and Prince, 95 Greene Street is a premier boutique condominium, a classic and elegant cast-iron building constructed in the late 1800s, in which Tiffany's chose to house their Soho store.
This ultra-sunny corner Penthouse loft duplex offers 2 bedrooms, 2 full baths, generous entertainment space, wood-burning fireplace, hardwood floors, high ceilings, over-sized windows, gorgeous open views, 3 skylights, and a private roof terrace. See floor plan and full details here.
This ultra-sunny corner Penthouse loft duplex offers 2 bedrooms, 2 full baths, generous entertainment space, wood-burning fireplace, hardwood floors, high ceilings, over-sized windows, gorgeous open views, 3 skylights, and a private roof terrace. See floor plan and full details here.
SoHo's Median 3-Bed Condo Listing Price: $6.2M
From the Listing: Keyed elevator access in the tower of the building, which is comprised of only 22 residences, provides exclusivity for all residents. Each residence features a private elevator landing opening directly into a formal entry foyer. This oversized 2,399 SF, 3 bedroom, 3.5 bathroom residence offers great light and sensational city views. Features 10' ceilings and 6-inch wide-plank white oak floors throughout, expansive south and east-facing panoramic city views of One World Trade Center, historic SoHo, and the downtown Manhattan skyline. A formal entry foyer leads to a breathtaking corner great room and open kitchen ideal for both entertaining and daily living. See floor plan and full details here.
Best Deals
From the Listing: For those in search of the quintessential loft, look no further. Located on one of the most desirable blocks in Soho, this expansive 1,500 square foot loft at 81 Grand Street is an entertainer's dream! Bright and airy and boasting oversized windows, ten-foot tin ceilings, a proper laundry closet, hardwood floors, and beautifully maintained exposed brick, this is an authentic artist's loft that rarely comes to the market. See floor plan and full details here.
(Corcoran)
From the Listing: 145 Sixth Avenue is a fabulous modernist loft in a hip SoHo enclave. Beautifully renovated, the 900 square foot one-bedroom features 11+ foot ceilings, oversized windows, and white painted exposed brick. Light floods into the loft from the west-facing windows which overlook a charming landscaped courtyard. 6E offers a modern kitchen with ample storage; a contemporary bathroom, as well as a storage closet in the common hallway. A great opportunity for creative types looking for a sanctuary away from home. Live/work is allowed. See floor plan and full details here.
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From the Listing: BEAUTIFUL mini-loft WITH 11FT CEILINGS located on a charming and quiet Sullivan Street in prime SoHo. Located in close proximity to NYU, Washington Square Park, and all the convenient shopping of Soho, this apartment features exposed brick, hardwood floors, ample storage, and enough space to convert to a 1-bedroom or build a sleeping loft! See floor plan and full details here.
SoHo's Best New Construction Listings
(Douglas Elliman)
From the Listing: This 2,950-square foot 3-bedroom, 3.5-bath full-floor residence, with 404 square feet of private outdoor space, graces the signature south-facing prow of 10 Sullivan Street, where curved walls of oversized windows offer exceptional southern light, revealing breathtaking Downtown panoramas. The private balcony provides substantial outdoor space with open northern city views. See floor plan and full details here.
From the Listing: The newly renovated 3,560’ duplex penthouse, with 1,646’ of landscaped private terraces, is a work of unparalleled sculptural architecture. The unique facade of double-height glass, through which one can view sunsets over the Hudson River and the Statue of Liberty from multiple vantage points within the apartment, is a sight to behold See floor plan and full details here.
From the Listing: Residence 14D is a spacious two bedroom two bathroom condominium home with an exceptional corner great room offering North, West, and East exposures. Every detail of Greenwich West's interior has been carefully conceived and designed by Parisian architect Sebastien Segers. Over-sized casement windows allow for abundant light to stream across wide-plank European white oak floors. See floor plan and full details here.
From the Listing: NEW OFFERING - PARKING NOW INCLUDED, which is a $550,000 value! Light, luxury and views are unparalleled in this gorgeous 2,244 sq ft, 3 bedroom 3.5 bathroom residence perched high on the 25th floor of the distinctive 565 Broome SoHo condominium. A private elevator landing spills into a gracious formal foyer introducing exquisitely designed modern interiors. Inspiring awe and bathing every room of the home in the sunshine are fabulous walls of windows that wrap around the entire perimeter and showcase expansive panoramas capturing the Hudson River, One World Trade Center, and Manhattan skyline!
See floor plan and full details here.
Our Picks for Most Beautiful Listings
(Compass)
From the Listing: The Penthouse presents a unique opportunity to create a tremendous six-bedroom home with seven full bathrooms, two half baths, 14-foot ceilings, and an expansive private roof deck on a prime corner in the heart of SoHo. This full-floor residence would encompass nearly 5,000 sq ft of interior space and a roughly 2,750 sq ft private roof.
See floor plan and full details here.
From the Listing: Apartment 10B at The New Museum Building is a sensational 4671 square foot 3BD/3.5 BA loft located on one of the most desirable cobblestone blocks in SoHo. Prepare to be impressed after the private keyed elevator doors open to an expansive entry gallery, connecting the kitchen, living room, dining area, and sitting room. The feeling of space and luxury is highlighted by oversized windows, chic finishes, stunning, wide-plank hardwood floors, and 10' 9" ceilings. See floor plan and full details here.
From the Listing: For those in search of the quintessential loft, look no further. Located on one of the most desirable blocks in Soho, this expansive 1,500 square foot loft at 81 Grand Street is an entertainer's dream! Bright and airy and boasting oversized windows, ten-foot tin ceilings, a proper laundry closet, hardwood floors, and beautifully maintained exposed brick, this is an authentic artist's loft that rarely comes to the market. See floor plan and full details here.
From the Listing: As seen in Vogue! One of the most stunning lofts in SoHo to come to market in recent history. This is an Ultra-Cool, Impeccably-designed, and Spectacular Published Soho loft measuring nearly 4000 square feet with 14 ft ceilings with Low Maintenance in Prime Soho
See floor plan and full details here.
From the Listing: This luxurious urban residence, in a Pre-War Beaux Art building in a very special part of SoHo, was designed by the internationally recognized interior designer Ken Fulk, a member of the Architectural Digest 100. Described by Fulk as "Part city townhouse and part country manor house," the impressively scaled, 6,014 square foot duplex provides an ultra-rare opportunity to own such a sprawling apartment in the epicenter of SoHo.
See floor plan and full details here.
From the Listing: Classic two-story Soho loft living meets unparalleled sophistication in this stunning 3 bedroom, 3.5 bathroom home, amid +/- 4200 square feet. Substantial ceiling heights up to 12 feet with original cast iron details, this sunny loft has undergone a meticulous design and detail, unsparing renovation. This home redefines lifestyle and entertainment, it must be seen to be believed.
See floor plan and full details here.
From the Listing: Glamourous Penthouse with perfect river views from all rooms, including the lavish terrace overlooking the water. A key-locked elevator opens into the great room with ceilings up to 15 feet and French doors leading to the terrace. See floor plan and full details here.
Best Terrace
From the Listing: What makes this terrace so unique is the seamless way in which the many factors that make terraces special were brought together. To start, 15 Mercer Street is taller than its neighbors, so the views are spectacular. The best spot to enjoy the view is the hot tub, which is strategically placed to have unobstructed views, while being completely shielded from wind gusts. If you get tired of looking at the city, you can always turn on the large outdoor tv. Besides that, the vegetation is curated to create intimacy and protection where needed AND to direct your gaze into the direction with the most open views. This terrace simply has every desirable amenity, a covered summer kitchen, hot tub, outdoor tv, speakers throughout, outdoor shower, and seating room for large dinner parties. But the most practical feature might well be the abundance of storage spaces, hidden behind the architectural detailing. See floor plan and full details here.
From the Listing: Prime triplex penthouse with a two-story private roof deck situated on one of the most desired cobblestone streets in SoHo. The attention to detail and the exquisite workmanship featuring top-of-the-line finishes and custom work throughout the Penthouse is astonishing. As soon as you enter through the private elevator landing, the grand living room with over 19' double-height ceilings, oversized windows, and custom mahogany walls with a library on one end and a gas burning fireplace on the other, will take your breath away. In the main living room, above the fireplace, there is a hidden remote-controlled cinema screen, hidden speakers and a projector opposite the fireplace. See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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