$850,000

Estimated payment $8,650/month

Total Views 84
-- Bed
1 Bath
500 Sq Ft
$1,700 Price per Sq Ft

Highlights

  • Rooftop Deck
  • 1-minute walk to Spring Street (A,C,E Line)
  • North Facing Home
  • P.S. 3 Charrette School Rated A
  • City View
  • 2-minute walk to Father Fagan Park

About This Home

Rare investment opportunity at 246 Spring Street, located within one of Manhattan’s premier luxury hotels. This turnkey unit offers an impressive 6.5% return on investment and includes 120 days of personal use per year, blending income potential with exclusive access to five-star amenities.
The residence features custom furnishings by Fendi Casa, bronze fixtures, custom ebony cabinetry, and is complete with a wet bar which includes a refrigerator and microwave. The oversized marble bathroom is truly gorgeous, offering a deep soaking tub and a separate glass-enclosed walk-in rain shower. The residence is outfitted with state-of-the-art one touch control technology for adjustments of the temperature, blinds, and lighting.
Whether you're seeking a pied-à-terre with strong financial performance or a pure investment, this property delivers both. Enjoy full hotel services, prime SoHo location, and the ease of professionally managed short-term rental income. Own in the heart of downtown with none of the hassle.

Last Listed By

Asher Alcobi

Peter Ashe License #10311202569 Listed on: 06/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,828

Year Built

  • Built in 2009

Lot Details

  • North Facing Home

HOA Fees

  • $3,059 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home

Listing and Financial Details

  • Legal Lot and Block 7503 / 491

Community Details

Overview

  • High-Rise Condominium
  • Soho Subdivision
  • 46-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,828

Year Built

Built in 2009

Lot Details

0

HOA Fees

$3,059 per month

Listing Details

  • Cross Street: Avenue of the Americas/Varick Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Entry Level: 35
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 46

Interior Features

  • Living Area: 500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Green Building Features: Elevator(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3059.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 46
  • Year Built: 2009

Tax Info

  • Tax Block: 491
  • Tax Lot: 7503
  • Tax Annual: 9828.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $850,000 -- $1,700 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20028287

Real Estate Board of New York (REBNY)

APN: 620100-00491-1500