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SoHo

SoHo

Neighborhood in Manhattan, New York

New York County 10012, 10013

$3,534,915 Average Value
$2,277 Average Price per Sq Ft
84 Homes For Sale

Historic, loft-style living with a booming restaurant and shopping scene

Home to some of the city’s most iconic, loft-style interiors, SoHo (aka South of Houston Street) has the largest concentration of cast-iron buildings in the world. In fact, the neighborhood itself is a National Historic Landmark, with preserved 19th-century facades that once housed factories and warehouses. In the 1960s, these vacant industrial sites became artist lofts, hence the coveted, large open floor plans. Many studio spaces have since been converted to luxury apartments, condos and co-ops, as well as office, mixed-use and retail spaces. “It’s such a vibrant and exciting neighborhood with incredible culture and restaurants. The cast-iron buildings and cobblestone streets make it feel like its own little city,” says Nicole Hechter, an associate broker at Corcoran Group and one of the area’s top-selling agents. “It’s a great juxtaposition of smaller boutiques and high-end name brand fashion. The nightlife and restaurants are incredible, and there’s always something new to explore. It really is the epicenter of downtown Manhattan.”

Broadway has beautiful older-style buildings to compliment the rich culture of SoHo.
Broadway has beautiful older-style buildings to compliment the rich culture of SoHo.
There are Many red brick townhouses throughout SoHo.
There are Many red brick townhouses throughout SoHo.
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Ultra-luxe eateries with a stylish crowd

From classic NYC mainstays like Balthazar and Fanelli Cafe to chic newcomers like Principe and design-forward spots like La Mercerie, SoHo is home to some of the city’s best restaurants. For casual fare, Ruby’s serves up Australian dishes for a hip crowd, while Yubu offers Korean small bites. Expect longer-than-average wait times at the trendier, scene-y spots. In the evening, stylish crowds gather at elevated hotel bars like The Crosby and SoHo Grand, among others. Bodegas and smaller grocery stores include Sunrise Mart, a Japanese market that offers yummy prepared dishes and Mulberry Market. There’s also a Target Grocery on Broadway and a Whole Foods near Bowery.

Enjoy a homemade “millefoglie” with pastry creme at Cipriani Downtown NYC, in SoHo.
Enjoy a homemade “millefoglie” with pastry creme at Cipriani Downtown NYC, in SoHo.
Cipriani Downtown NYC, in SoHo Upscale Scene Where an International crowd shows up.
Cipriani Downtown NYC, in SoHo Upscale Scene Where an International crowd shows up.
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High-end luxury brands and boutiques mingled with artisanal pop-ups

What was once a working-class, artist-centric neighborhood has become a busy tourist destination due to the retail boom along Broadway. Everything from Madewell and Prada, to Zara and Bloomingdale’s have anchored the neighborhood as a prime retail location. Along Greene and Mercer Streets, high-end shops like Louis Vuitton lend an air of exclusivity. But the area’s once-humble, artistic roots have not been entirely eclipsed by brand names, and there’s still a distinctly local, creative energy found in the smaller pop-ups and artisanal shops.

Dior and Versace are just some of the many high end fashion stores in Soho.
Dior and Versace are just some of the many high end fashion stores in Soho.
High end fashion retail is everywhere in Soho, including Balenciaga.
High end fashion retail is everywhere in Soho, including Balenciaga.
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Open floor plans with high ceilings and hefty price tags

The current market consists of both co-ops and condos, but there’s limited inventory in both sectors. “If the property is turnkey or has something special like outdoor space, it goes very quickly,” Hechter says. A prewar loft-studio can go for as low as $550,000, but most one-bedroom condos typically start at $1.3 million and up. Two-bedrooms average around $3.7 million, but can easily extend up to $30 million. “If you’re coming to SoHo, your general wish list is going to include that great room with open, airy, and high ceilings,” adds Hechter. That said, there aren’t many traditional, multi-room floor plans in SoHo. Although the majority of the area consists of historic buildings, there are some newer condo developments in the area with modern glass-facades, like 110 Charlton, a French Industrial-inspired condominium at the crossroads of SoHo, Tribeca and the West Village. Other notable, newer builds include 10 Sullivan, designed by famed architect Cary Tamarkin, and 565 Broome Street, a luxury high-rise condominium designed by Pritzker Prize-winning architect Renzo Piano.

Neighborhood Condos like this building stand tall in SoHo housing multiple residents.
Neighborhood Condos like this building stand tall in SoHo housing multiple residents.
565 Broome Street is a luxury high-rise condominium designed by architect Renzo Piano.
565 Broome Street is a luxury high-rise condominium designed by architect Renzo Piano.
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Walkable neighborhood with several transit options

There are plenty of ways to get around via public transit in the neighborhood, including the N or R train at Prince Street, the B, D or F train at Broadway-Lafayette Street, the 4 or 6 train at Spring Street, A, C or E train at Spring Street. FDR Drive is accessible via Houston Street.

Lafayette St subway station
Lafayette St subway station
There are several subway stops within SoHo, making it easy to get around the city
There are several subway stops within SoHo, making it easy to get around the city
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Top-rated schools nearby

There are no public schools in SoHo proper, however several schools surround the area: In nearby West Village, P.S. 3 is an A-rated elementary school on Niche, and in the Flatiron District, the Clinton School is a top-rated middle and high school with a globally-recognized honors program. In Chinatown, M.S. 131 is also highly-rated and has a Chinese Dual Language program, while NYC Lab High School for Collaborative Studies in Chelsea offers a humanistic curriculum.

PS 3 Charrette School entrance had double doors leading to the main hallway for classrooms.
PS 3 Charrette School entrance had double doors leading to the main hallway for classrooms.
The Clinton School is a public middle and high school in New York.
The Clinton School is a public middle and high school in New York.
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Amber Snider
Written By
Amber Snider
Daniel Byrne
Photography Contributed By
Daniel Byrne
Tyler Newbold
Video By
Tyler Newbold

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Ken Laino, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

21 min drive

Subway

Canal Street (4,5,6 Line)

Subway

Canal Street (N,Q,R Line)

Subway

Spring Street (4,6 Line)

Subway

Spring Street (A,C,E Line)

Subway

Prince Street

Subway

Broadway-Lafayette Street

Bus

Canal & Lafayette Street

Bus

Broadway & Grand St

Bus

Broadway & W Houston St

Bus

6 Av & Prince St

Bus

Broadway & Prince St

Bus

8 Av & Broome St

Bus

6 Av & Spring St

Crime and Safety

1 - Low Crime, 10 - High Crime SoHo US
Homicide 1 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 1 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$3,850,000
Median Single Family Price
$5,500,000
Median 2 Bedroom Price
$3,600,000
Median 1 Bedroom Price
$1,674,500
Average Price Per Sq Ft
$2,277
Number of Homes for Sale
84
Last 12 months Home Sales
75
Months of Supply
13.40
Median List Price
$4,000,000
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
-10%

Home Facts

Number of Homes in Neighborhood
1,168
Median Year Built
1905
Avg. Single Family Home Size Sq Ft
2,573
Above the national average
1,936
Average Townhouse Size Sq Ft
1,313
Average 2 Bedroom Size Sq Ft
2,075
Average 1 Bedroom Size Sq Ft
1,377
Average Studio Size Sq Ft
875

Open Houses

  • Thursday, May 1
    11:30am - 12:30pm

    461 Broome St Unit 4, New York, NY 10013

    $3,000,000

    • 2 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 461 Broome St
    • Unit 4
    • New 2 days ago

    Stylish Renovated Loft Living in Heart of SoHo! The epitome of stylish Soho living, Unit #4 at 461 Broome Street is a renovated full-floor loft residence currently configured as a two-bedroom, two-bathroom residence. Dramatic, oversized north-facing windows overlook picturesque cast iron buildings that shape what is arguably New York's most attractive neighborhood. A key-locked

    Matthew Hughes Brown Harris Stevens Residential Sales LLC

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  • Sunday, May 4
    2:30 - 4pm

    366 W Broadway Unit PH, New York, NY 10013

    $3,895,000

    • 2 Beds
    • 2 Baths
    • 366 W Broadway
    • Unit PH
    • New 29 days ago

    This stunning one-of-a-kind prewar penthouse has been meticulously renovated down to the studs, seamlessly blending enchanting turn-of-the-century detail with modern luxury. Every room is bathed in stunning southern light with open downtown views. Upon entering, you'll find a fully fitted, double-sized coat closet across from an attractive marble-topped home office space with opaque

    Pamela Huson Berkshire Hathaway HomeServices New York Properties

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  • Wednesday, Apr 30
    6 - 7:30pm

    110 Thompson St Unit 5E, New York, NY 10012

    $565,000

    • 1 Bath
    • 110 Thompson St
    • Unit 5E

    Charming, Light-Filled Studio in the Heart of SoHo Welcome to 110 Thompson Street, a well-maintained pre-war cooperative located on a picturesque, tree-lined block in historic SoHo-a neighborhood celebrated for its iconic architecture, renowned galleries, and vibrant dining and shopping scene. This bright and airy fourth-floor studio has been freshly painted and is ready for its

    Katie Thurber Serhant

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Ken Laino, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
9,465
Median Age
40
Population Density
76 ppl/acre
Population under 18
15.8%
Below the national average
23.8%
Population over 65
19.5%
On par with the national average
19.1%

Finances

Median Household Income
$118,991
Significantly above the national average
$71,702
Average Household Income
$148,262

Education and Workforce

High School Graduates
97.4%
College Graduates
86.1%
Significantly above the national average
34.1%
Advanced Degrees
33.3%
Above the national average
13.3%
% Population in Labor Force
75.5%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''

Area Factors

Biker's Paradise

Bike Score®

91 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
SoHo
Ken Laino
Manhattan Network Inc
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