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465 West Broadway, #5N

$5,750,000 -11.5% | 2 beds, 2.5 baths
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101 days on Market

Key Details

  • Listed: Jan 17, 2024
    Last Price Change: -11.5% ($750,000) on Feb 29
    Days on Market: 101
    Building Type: Cooperative
    Neighborhood: SoHo (Manhattan)
Monthly Maintenance: $2,000
Est. Monthly Mortgage: $31,755
Total Est. Monthly Carrying Cost: $33,755
Note: the above is based on a down payment of 20% ($1,150,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This authentic artist’s loft is located in the highly desirable SoHo neighborhood, providing easy access to fine dining, shopping, theaters, parks, gyms and nearby transportation.
  • Unique and Spacious Design: The loft is situated in a turn-of-the-century building and has been fully renovated, featuring 17 windows, original brick and columns, exposed wood beams, and a private keyed elevator. Its fifth floor location provides additional natural light.
  • Versatile Space: The property boasts a 1,500+ square foot studio that can be used for various purposes, an open living/dining space with an oversized eat-in kitchen, and a principal bedroom suite with a large walk-in closet and an en-suite bathroom.
  • Modern Amenities: The loft is upgraded with a modern kitchen equipped with top-of-the-line appliances, recessed lighting, a built-in sound system, central heating and cooling, and an advanced air filtration system.
  • Financial Benefits: The property comes with a 10% ownership in the commercial space, resulting in greatly subsidized maintenance. Additionally, no flip tax is required.
  • Exclusive Community: The loft is part of a self-managed boutique co-op with only ten units, offering building amenities such as an intercom and elevator.

Description

An authentic SoHo artist’s loft in a turn-of-the-century building, 465 West Broadway, 5N is a spacious and 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 through the 1,500+ square foot studio – presently used by a working artist – an 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 to the north, which provide the studio with 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 sitting 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. 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. 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 of only ten units. This well-run co-op requires at minimum 25% down, and does not carry a flip tax.

This loft is a masterpiece, and 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 Agent (Seller's Representative)

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

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at Broadway 0.19 miles
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at 6th Ave and Vandam 0.19 miles
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at Houston 0.21 miles
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at Varick 0.31 miles
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at 6th Ave and Waverly Pl 0.41 miles
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at Broadway 0.48 miles