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SoHo

SoHo

$3,484,189 Average Value
$2,161 Average Price per Sq Ft
82 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 complement the rich culture of SoHo.
Broadway has beautiful older-style buildings to complement 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 Street Station serves the residents of SoHo.
Lafayette Street Station serves the residents of SoHo.
There are several subway stops in SoHo, making it easy to get around the city.
There are several subway stops in 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 has double doors leading to the main hallway for classrooms.
PS 3 Charrette School entrance has 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

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

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime SoHo US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 5 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
1,292
Number of Homes for Sale
82
Median Year Built
1907
Months of Supply
9.50
Average Single Family Home Size Sq Ft
2,655
Significantly above the national average
1,931
Average Townhouse Size Sq Ft
625
Average 2 Bedroom Size Sq Ft
2,043
Average 1 Bedroom Size Sq Ft
1,412
Average Studio Size Sq Ft
827

Open Houses

  • Sunday, Apr 19
    12 - 1pm

    100 Prince St Unit 5W, New York, NY 10012

    $4,999,000

    • 2 Beds
    • 1 Bath
    • 2,540 Sq Ft
    • 100 Prince St
    • Unit 5W

    Welcome to your future haven at 100 Prince Street, Penthouse Unit 5W! Nestled in the vibrant heart of Soho, this spacious 2-bedroom, 1-bath coop offers you an outstanding opportunity to create a unique urban sanctuary. With its expansive 2,540 square feet of adaptable living space, this One-level loft is adorned with stunning original details that breathe pre-war charm into every corner. Revel

    Agent Photo
    Gregory Valvo
    Revived Residential
    (877) 330-6992
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  • Sunday, Apr 19
    11:30am - 1:30pm

    347 W Broadway Unit PH, New York, NY 10013

    $5,995,000

    • 3 Beds
    • 2 Baths
    • 347 W Broadway
    • Unit PH
    • New 2 days ago

    Private Rooftop Garden Oasis atop a Full-Floor SoHo Penthouse Spanning the entire roof and professionally landscaped, the private rooftop garden is a rare extension of the home itself, created for true indoor-outdoor living in the heart of SoHo. A summer kitchen with built-in grill and stone counters, outdoor shower, dining area for ten, and hammock set within lush greenery make it an exceptional

    Christopher Massey Compass

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  • Sunday, Apr 19
    2 - 4pm

    140 Thompson St Unit 6B, New York, NY 10012

    $2,750,000

    • 2 Beds
    • 2.5 Baths
    • 1,965 Sq Ft
    • 140 Thompson St
    • Unit 6B
    • New 9 days ago

    140 Thompson Street is a prewar gem built for the Marvin Safe Co. in 1903. It became a cooperative in 1978. This location is at the cross section of Soho and the West Village. Apartment 6B is a large loft-style duplex with just over 2000 square feet. The upstairs features an enormous open living room/dining room facing West with incredible light and unobstructed views. The open concept kitchen

    Stephanie Weisberg Douglas Elliman Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
43
Median Rent
$6,000
Median Single Family Home Rent
$13,498
Median 4 Bedroom Single Family Home Rent
$45,000
Median Townhouse Rent
$4,395
Median 3 Bedroom Townhouse Rent
$13,000
Median Condo Rent
$7,695
Median 2 Bedroom Condo Rent
$12,725

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
$79,597
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

Very friendly

Bike Score®

80 / 100

Exceptionally friendly

Walk Score®

100 / 100

Exceptionally friendly

Transit Score®

100 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

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