508 Broadway, #4/5, New York (Soho), NY, 10012 | $6,100,000

Opportunity awaits for you to create your own Duplex loft of approximately 4100 sq ft for both floors with outdoor space and a decorative fireplace. These 2 classic full-floor SoHo lofts are the very definition of loft living complete with a delightful private roof area offering sweeping Soho views. These massive full-floor SoHo lofts are spectacular-spectacular and waiting to be combined or enjoy separately just the way they are. Tremendous space exists for large-scale entertaining and numerous seating arrangements. Enhancing the allure are soaring ceilings, rich wood floors, white brick wall, chic industrial elements, a fabulous skylight facing the heavens above, walk in closet and oversized windows on double exposures (east and west) inviting in generous natural light. Whip up meals in the large well-equipped kitchen, which also includes in-home washer-dryers on each floor. There are currently 2 bedrooms situated at opposite ends of the residence allowing for optimal privacy as well as 2 bathrooms.

This loft Condominium is located in Soho's coveted Historic Cast Iron District in a prized location between Spring and Broome. 508 Broadway is a boutique condominium offering authenticity and charm, along with notably low monthly expenses. The distinguished prewar loft building boasts only four exclusive units, delivering unmatched privacy and discretion.

Descendants of such art world luminaries as Twombly, Schnabel and Guggenheim have all resided at this property. Living in this handsome boutique condominium with only 4 loft homes puts you in the middle of everything SoHo has to offer. Enjoy convenient proximity to renowned dining, premier shopping destinations plus you're surrounded by places to go for entertainment and close to most subway lines.

This is a rare opportunity to own a piece of SoHo history, redefined for today's discerning buyer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 5
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Other
  • Year Built: 1910
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Service Level: Voice Intercom
  • OLR#: RLS20078077
  • Days on Market: 67 days
  • Website: https://www.raveis.com
    /prop/RLS20078077/508broadway_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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508 Broadway, #4/5, New York (Soho), NY, 10012

$6,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,880,000 $4,880,000 $4,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,327 $29,651 $40,851
Total Monthly Payment $27,452 $29,776 $40,976

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.