NOT LISTED FOR SALE

486 Broadway Unit 5 New York, NY 10013

SoHo Neighborhood

Estimated Value: $25,807,234

2 Beds
2 Baths
2,218 Sq Ft
$11,635/Sq Ft Est. Value

Highlights

  • City View
  • 3-minute walk to Spring Street (4,6 Line)
  • 3-minute walk to Lt. Peterosino Square
  • P.S. 130 - Hernando De Soto Rated A
  • No HOA

About This Home

As of December 2023

Built in the 1900's this 2200Sqft iconic full-floor loft has it all. Take the keyed elevator to the 5th Floor which opens into the space. The second bedroom is located to the left facing south with a large closet, exposed brick wall and an en-suite bathroom. Through the pocket doors find Waterworks fixtures, marble tiles, a glass-enclosed shower, a linen closet and a second pocket door granting access for guests. Enclosed in the utility closet find a Miele Washer and Dryer.

The expansive living and dining area boasts 10.11-foot ceilings, gallery-style lighting, 13 oversized sun-filled windows that span nearly 40 feet along hardwood floors. The open chef's kitchen is well-equipped with stone countertops, Poggenpohl cabinets, a breakfast bar, a Subzero refrigerator, a Wolf range with a Faber hood, Bosch dishwasher, wine cooler and a warming drawer/microwave. The bonus den consists of a partitioned black framed frosted glass wall and door and is adjacent to the master suite.

The generous master bedroom includes six windows facing north and west, exposed brick walls, a custom walk-in closet, and a separate dressing area. The master bath features Waterworks fixtures with a large rain shower head, custom marble tiles and a double sink/vanity. This loft features central air, large double paned and sound abated windows and hard wood floors through-out the space. Centrally located in one of the best parts of SoHo and steps from numerous shops, restaurants and subway lines, a real NY home. This is a rental loft building, Pets and light live work situations are fine. The loft is in move in condition and shown by appointment only.

Last Agent to Rent the Property

George Arana

Brown Harris Stevens Residential Sales LLC License #10301201015 Listed on: 10/10/2023

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,218 Sq Ft Home
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • 3 Units
  • Soho Subdivision
  • 6-Story Property

Listing and Financial Details

  • Property Available on 12/1/23
  • Legal Lot and Block 0014 / 00473

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2023-12-01

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: SoHo
  • Architectural Style: Loft
  • Entry Level: 5
  • Pets No Pets Comments: N/A,
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Interior Features: Dining Area, Smoke Free
  • Fireplace: No
  • Living Area: 2218.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Rental Building

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 6
  • Year Built: 1900

Tax Info

  • Tax Block: 00473
  • Tax Lot: 0014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
484-486 Broadway Owner Llc
Bought by
Portfolio4 Llc
Current Estimated Value
$25,807,234

Purchase Details

Closed on
Nov 1, 2004
Sold by
Izbar Realty Corp
Bought by
480-486 Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,268,278
Interest Rate
5.69%
Mortgage Type
Commercial
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
Portfolio4 Llc $23,520,000 --
480-486 Broadway Llc $14,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 480-486 Broadway Llc $21,268,278
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Rented $12,500 -7.4% --
11/22/2023 11/22/23 Price Changed $13,500 -6.9% $6 / Sq Ft
11/21/2023 11/21/23 Under Contract -- -- --
10/31/2023 10/31/23 Price Changed $14,500 -3.3% $7 / Sq Ft
10/10/2023 10/10/23 For Rent $15,000 +7.1% --
07/21/2022 07/21/22 Rented $14,000 0.0% --
07/05/2022 07/05/22 Price Changed $14,000 -12.5% $6 / Sq Ft
06/17/2022 06/17/22 For Rent $16,000 -- --
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 $758,334 $7,130,700 $1,080,000 $6,050,700
2024 $758,334 $7,159,500 $1,080,000 $6,079,500
2023 $775,279 $7,282,350 $1,080,000 $6,202,350
2022 $781,136 $7,263,000 $1,080,000 $6,183,000
2021 $739,217 $6,912,450 $1,080,000 $5,832,450
2020 $894,008 $9,127,350 $1,080,000 $8,047,350
2019 $861,115 $8,973,000 $1,080,000 $7,893,000
2018 $825,094 $8,659,350 $1,080,000 $7,579,350
2017 $771,517 $8,563,050 $1,080,000 $7,483,050
2016 $715,322 $7,731,900 $1,080,000 $6,651,900
2015 $189,534 $7,023,600 $1,080,000 $5,943,600
2014 $189,534 $6,592,950 $1,080,000 $5,512,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10921915

Real Estate Board of New York (REBNY)

APN: 0473-0014