RENTED FEB 12, 2025

388 W Broadway Unit 4 New York, NY 10012

SoHo Neighborhood

Estimated Value: $5,338,000 - $6,799,000

3 Beds
3 Baths
2,970 Sq Ft
1920 Built

Highlights

  • Furnished
  • 3-minute walk to Spring Street (A,C,E Line)
  • Laundry Facilities
  • P.S. 3 Charrette School Rated A
  • No HOA
  • 2-minute walk to Vesuvio Playground

About This Home

As of February 2025

Welcome to #4 at 388 West Broadway, an impeccably furnished, sprawling full floor Soho loft with 8 huge east-facing windows, extraordinary entertaining space, original cast iron columns and stunning hardwood floors. Rent includes utilities and term is flexible.

Beautifully furnished with noteworthy mid-century furniture, this 2970 sq ft, light filled home has an expansive living/dining room with attractive chevron-patterned white oak floors, a wood-burning fireplace set in an elegant travertine wall, 5 oversized eastern windows that saturate the room with sunlight and a beautifully lacquered ceiling that adds a reflective sheen.Four cast-iron columns and a dramatic, original wood ceiling beam add to the charm and uniqueness of this impressive loft, along with a chic top-of-the-line kitchen, that has 3 eastern windows, The kitchen is outfitted with an AGA 6 burner stove, Miele dishwasher, Subzero refrigerator with 4 freezer drawers, a deep farmhouse sink with additional prep sink and ample storage space. Two Subzero wine refrigerators are housed in the terrazzo island, which provides additional counter space and seating for 3.

The secluded and luxurious primary suite is exceptionally quiet, yet bright, due to the western light streaming through two 7' foot tall windows. A large outfitted dressing closet, and spacious marble bath with double sinks, jacuzzi soaking tub, oversized steam shower and a separate Toto WC further enhance the suite. A generously sized media room (3rd bedroom) with a 75" television and a west-facing bedroom with windowed en-suite bath are located off the bedroom hallway, along with a stylish black marble bath with glass shower, and a Bosch washer/dryer.

Additional features include central air conditioning, living room projector, an elegant bar, savant system for media, electric shades and Lutron lighting control and a 60” tv in the primary. Pets permitted on a case-by-case basis.

Built in 1920, 388 West Broadway is a boutique condominium comprised of four residences, located in prime SoHo between Broome and Spring Streets. The neighborhood offers world-class dining and shopping including Cipriani Downtown, Il Mulino Prime, Blue Ribbon Sushi. Miu Miu, Celine, Isabel Marant and Chanel.

Last Agent to Rent the Property

Pamela S D Arc

Compass License #10301202251 Listed on: 09/21/2024

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,908

Year Built

  • Built in 1920

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,970 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Property Available on 10/25/24
  • Tax Block 00488

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Soho Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$61,908

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-10-25

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: SoHo
  • Architectural Style: Loft
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 2970.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 50.580000x69.000000

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 5
  • Year Built: 1920

Tax Info

  • Tax Block: 00488
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2003
Sold by
388 West Broadway Llc
Bought by
Pomerance Jason
Current Estimated Value
$6,035,126
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pomerance Jason $7,706,915 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pomerance Jason $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Rented $31,500 0.0% --
12/28/2024 12/28/24 Price Changed $31,500 -12.5% $11 / Sq Ft
10/28/2024 10/28/24 Price Changed $36,000 -7.7% $12 / Sq Ft
09/21/2024 09/21/24 For Rent $39,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $46,402 $458,502 $34,492 $424,010
2022 $42,853 $927,889 $64,438 $863,451
2021 $48,221 $1,091,587 $64,438 $1,027,149
2020 $40,013 $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 $24,104 $279,981 $64,438 $215,543
2014 $24,104 $277,520 $64,437 $213,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11011040

Real Estate Board of New York (REBNY)

APN: 0488-1104