Seller's Agent in 2024
Justin Edelstein
Compass
(718) 840-2000
2 in this area
20 Total Sales
Estimated Value: $4,639,000 - $6,799,000
Welcome to 388 West Broadway, a rare gem in the heart of Soho's Historic Cast-Iron district. This boutique condominium boasts a premier location and stunning East-facing views of the bustling West Broadway. With only four luxury private residences, this architecturally significant building offers a unique opportunity to live in one of the most coveted areas of New York City.
Upon entering this beautifully renovated home through a private keyed elevator, you'll be greeted by the perfect blend of grandeur and originality. The stately gallery reveals soaring 11-foot ceilings, and the expansive living and dining area features a wood-burning fireplace, original wood beams, charming cast-iron columns, and solid wood floors. Natural light floods the space through a bank of eight mahogany-trimmed windows spanning over 40 feet of West Broadway frontage, offering breathtaking views of Soho.
The chef's kitchen is a dream with maple cabinetry and granite countertops, wine storage, refrigerated drawers, a Thermador six-burner gas cooktop/oven with a warming drawer, a SubZero refrigerator, and a Bosch dishwasher.
Connected by the entry gallery, the west wing features three light-filled bedrooms and two and a half bathrooms. The oversized primary bedroom offers complete privacy, soaring ceilings, large-scale windows, and a delightful custom-built dressing area, and an impressive spa-like en suite bathroom featuring Waterworks tile and fixtures, a marble vanity, deep soaking tub, and separate steam shower. The generously sized second bedroom has its own en-suite Waterworks bathroom and customized walk-in closet.
Seamlessly incorporated into the original details are state-of-the-art systems such as a home theater projector, sound system, home automation, museum-quality lighting, and multi-zone heating & cooling.
A powder room, separate laundry room with a side-by-side washer and dryer, recessed lighting throughout, and a large deeded storage room complete this wonderful downtown home.
Residents of 388 West Broadway enjoy world-renowned dining, shopping, and art galleries in any direction from the building. But what sets this building apart are the East-facing views of West Broadway, offering residents an unparalleled opportunity to experience the energy and excitement of Soho right from their own home. Don't miss out on this exceptional opportunity to live in one of the most sought-after locations in New York City
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuster Jessica | $5,800,000 | -- | |
| Mumtaz Fahd | $6,000,000 | -- | |
| Mumtaz Fahd | $6,000,000 | -- | |
| Harel-Cohen Jonathan | $5,500,000 | -- | |
| Harel-Cohen Jonathan | $5,500,000 | -- | |
| Cohen Ronald | $5,000,000 | -- | |
| Cohen Ronald | $5,000,000 | -- | |
| Vinis Holding Corp | $7,840,875 | -- | |
| Vinis Holding Corp | $7,840,875 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuster Jessica | $2,500,000 | |
| Previous Owner | Mumtaz Fahd | $4,200,000 | |
| Closed | Vinis Holding Corp | $0 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $5,800,000 | -2.5% | $1,967 / Sq Ft | |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- | |
| 03/08/2024 03/08/24 | Price Changed | $5,950,000 | -8.5% | $2,018 / Sq Ft | |
| 10/26/2023 10/26/23 | For Sale | $6,500,000 | +8.3% | $2,205 / Sq Ft | |
| 11/21/2022 11/21/22 | Sold | $6,000,000 | 0.0% | $2,035 / Sq Ft | View Prior Sale |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- | |
| 07/19/2022 07/19/22 | Off Market | $6,000,000 | -- | -- | |
| 05/03/2022 05/03/22 | Price Changed | $6,950,000 | -13.1% | $2,358 / Sq Ft | |
| 02/07/2022 02/07/22 | For Sale | $7,995,000 | -- | $2,712 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $61,908 | $511,021 | $40,044 | $470,977 |
| 2024 | $61,908 | $495,182 | $64,438 | $464,139 |
| 2023 | $56,244 | $458,502 | $34,492 | $424,010 |
| 2022 | $51,942 | $927,889 | $64,438 | $863,451 |
| 2021 | $48,221 | $1,091,587 | $64,438 | $1,027,149 |
| 2020 | $40,450 | $1,059,812 | $64,438 | $995,374 |
| 2019 | $39,633 | $883,147 | $64,438 | $818,709 |
| 2018 | $44,859 | $352,694 | $30,881 | $321,813 |
| 2017 | $41,536 | $326,569 | $32,336 | $294,233 |
| 2016 | $38,983 | $302,379 | $33,021 | $269,358 |
| 2015 | $24,322 | $279,981 | $64,438 | $215,543 |
| 2014 | $24,322 | $277,520 | $64,437 | $213,083 |
Seller's Agent in 2024
Justin Edelstein
Compass
(718) 840-2000
2 in this area
20 Total Sales
Seller Co-Listing Agent in 2024
Ryan Garson
Compass
(561) 405-0945
3 in this area
81 Total Sales
Seller's Agent in 2022
Joanna Pashby
Brown Harris Stevens Residential Sales LLC
(917) 623-9123
2 in this area
28 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10968297
APN: 0488-1102