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305 Canal Street is a pre-war co-op building in SoHo, Manhattan, built in 1915. The 5-story building contains 6 units and features an elevator and intercom system.
305 Canal Street is a five story pre-war co-op in SoHo, with six apartments and the loft oriented character associated with the neighborhood's former artists' spaces. The building occupies the block between Mercer Street and Broadway and is also identified with 47 Howard Street.
The building's Italianate store and loft architecture sits within the SoHo Cast Iron Historic District. It was converted for artists' studio and loft use in the 1970s, and its residential interiors retain that open spatial character rather than a conventional room by room arrangement.
Apartments use open loft plans, with mezzanines and double-height ceilings represented among the layouts. The top floor residence is legally designated for live work and has three exposures, six skylights, and rights to a substantial portion of the roof, making its relationship to the building's upper structure distinctive.
The self-managed co-op shares ownership of the ground floor retail space, with rental income applied to monthly maintenance and real estate taxes. The building has an intercom, while the Canal Street station serving the N, Q, and R trains is close by; the surrounding blocks include galleries, boutiques, and restaurants such as Le Coucou and La Mercerie.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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