Seller's Agent in 2023
Raphael Sitruk
Corcoran Group
(646) 717-3990
1 in this area
18 Total Sales
431 Broome St Unit Building New York, NY 10013
SoHo NeighborhoodEstimated Value: $15,617,996
14
Beds
17
Baths
10,000
Sq Ft
1900
Built
Highlights
- Pre War Building
- 3-minute walk to Spring Street (4,6 Line)
- 2-minute walk to Lt. Peterosino Square
- P.S. 130 - Hernando De Soto Rated A
- No HOA
About This Home
As of August 2023Welcome to 431 Broome Street. Once in a Lifetime opportunity to own an iconic building in the heart of Soho, Manhattan.
Perfectly located at the corner of Broome and Crosby Streets, The Broome Soho truly stands out.
Originally built by George Dutch for his family in 1825, this historical property has been fully renovated and extended by the current owner from 2012 to 2014.
Currently designed as a Luxurious 4 stars Boutique H tel, inspired by famous Parisian Caf s such as "La Closerie des Lilas" and "Le Caf de Flore", with its secret interior courtyard, 431 Broome Street offers a unique and chic atmosphere in New York City.
The 14-Room Hotel, including a Penthouse with its private roof deck is internationally known and has been featured in highly inspiring press such as: Cond Nast Traveler, The New York Times Home, InStyle, Casa Vogue, Madame Figaro...
If you are dreaming of owning Your piece of the Historical New York City, here is your opportunity.Bring your vision and make 431 Broome yours.
More info upon request.
5-story Landmark building
7,480 square foot spaceAdditional
2,500 sf basement
5k+ sf available FAR
1,040 sf of Parisian inspired Caf Atrium open to the sky
Conference Room
Retail front with separate entrance
Spa to be built - Indoor swimming pool already carved out
90% Average hotel occupancy
Disclaimer: All information contained herein is gathered from sources we believe reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Last Agent to Sell the Property
Corcoran Group License #10401285108 Listed on: 05/30/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $112,152
Year Built
- Built in 1900
Home Design
- Pre War Building
- Entry on the 5th floor
Interior Spaces
- 10,000 Sq Ft Home
- 4-Story Property
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 14 Bedrooms
- 17 Full Bathrooms
Community Details
- No Home Owners Association
- 4 Units
- Soho Subdivision
Listing and Financial Details
- Tax Block 00473
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2022
Closed on
Aug 18, 2023
Sold by
431 Broome Llc and Alpamelo Sl
Bought by
Broome Hotel Owner Llc
Seller's Agent
Raphael Sitruk
Corcoran Group
List Price
$16,900,000
Sold Price
$14,050,000
Premium/Discount to List
-$2,850,000
-16.86%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,567,996
Original Mortgage
$5,645,072
Outstanding Balance
$5,514,598
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 2009
Sold by
Iacovelli Jean Claude
Bought by
431 Broome Llc
Purchase Details
Closed on
Aug 25, 2006
Sold by
Reilly John
Bought by
431 Broome Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,565,000
Interest Rate
6.79%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Broome Hotel Owner Llc | $14,050,000 | -- | |
| 431 Broome Llc | -- | -- | |
| 431 Broome Llc | -- | -- | |
| Iacovelli Jean Claude | $3,750,000 | -- | |
| Boitier Vincent | -- | -- | |
| 431 Broome Llc | $4,900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Broome Hotel Owner Llc | $5,645,072 | |
| Previous Owner | 431 Broome Llc | $2,565,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $14,050,000 | -16.9% | $1,405 / Sq Ft |
| 07/09/2023 07/09/23 | Off Market | $16,900,000 | -- | -- |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | Pending | -- | -- | -- |
| 11/02/2022 11/02/22 | Off Market | $14,050,000 | -- | -- |
| 05/31/2022 05/31/22 | For Sale | $16,900,000 | -- | $1,690 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $184,193 | $1,614,780 | $846,000 | $768,780 |
| 2024 | $184,193 | $1,738,980 | $846,000 | $892,980 |
| 2023 | $155,262 | $1,588,050 | $846,000 | $742,050 |
| 2022 | $134,818 | $1,510,200 | $846,000 | $664,200 |
| 2021 | $152,694 | $1,427,850 | $846,000 | $581,850 |
| 2020 | $150,275 | $2,367,450 | $846,000 | $1,521,450 |
| 2019 | $118,594 | $2,141,100 | $846,000 | $1,295,100 |
| 2018 | $157,797 | $1,862,550 | $846,000 | $1,016,550 |
| 2017 | $133,847 | $1,703,250 | $846,000 | $857,250 |
| 2016 | $113,892 | $1,676,250 | $846,000 | $830,250 |
| 2015 | -- | $1,538,550 | $846,000 | $692,550 |
| 2014 | -- | $301,455 | $228,430 | $73,025 |
Source: Public Records
Agents Affiliated with this Home
-
Raphael Sitruk
-
Michael Hania
Seller Co-Listing Agent in 2023
Michael Hania
Corcoran Group
(917) 302-8762
2 in this area
17 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10882538
APN: 0473-0017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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