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$3,910,500
List Price: $3,950,000
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515 Broadway #4B
Coop in Soho •  building info
2bd • 2ba • 4,500ft² $878 per ft²
Buy with Yoreevo

$3,910,500

List Price

$3,950,000

Key Details
Days on market
71
Last price change
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Estimated payment
$28,963/mo
Taxes
Included in maintenance fees
Maintenance
$8,990/mo
Description
A Quintessential SoHo Artist Loft Set Within a Historic Live/Work Building Architectural Excellence Nestled in the heart of SoHos Cast-Iron Historic District, this stunning Queen Anne-style loft building blends historic grandeur with contemporary live/work functionality. Designed by Samuel A. Warner, with masonry by Masterton & Harrison, this distinguished property spans Broadway and Mercer Street. Landmark Heritage Once home to the legendary St. Nicholas Hotel, this location was a hallmark of luxury when it opened in 1853, during an era when New York City was emerging as a world-class metropolis, boasting commercial architecture that rivaled Paris and London. After the hotel's closure, the Snook-designed Loubat store (No. 503511) took the southern wing in 1878, while the central portion (No. 513519) became Samuel Warner's store and warehouse in 1884 before its conversion into a residential co-op in 1978. Residence Highlights Expansive Interiors: An exceptional open loft spanning approximately 125 feet by 40 feet, with soaring 12-foot ceilings and vast open spaces. Alternative Layouts: Opportunity to reconfigure into a three-bedroom, three-bathroom residence, subject to co-op approval. Light & Views: Nine oversized windows with East and South/West exposures. Remarkably Quiet: Despite its prime SoHo location, the loft offers a serene retreat from the city's energy. Building Details Boutique Co-op: Comprised of just 25 exclusive residential units, with only two residences on the fourth floor, ensuring privacy and tranquility. Secure Entry: Private key-locked elevator access with video intercom system. Flexible Policy: Live/work allowed, along with pied--terre ownership and flexible subletting. Foreign buyers and trusts are considered on a case-by-case basis. Pet-Friendly: Cats and dogs allowed on a case-by-case basis. Onsite Superintendent Exempt from Artist in Residence (AIR) Restriction Location & Lifestyle Situated on Mercer Street between Spring and Broome, with the entrance to Unit 4B located on Broadway, this unparalleled SoHo address offers immediate access to the citys best shopping, dining, galleries, and cultural institutions. Major transportation hubs are within close reach, making commuting effortless. A rare opportunity to own a piece of New Yorks architectural and cultural legacy, this grand-scale loft embodies the perfect balance of historic charm and modern versatility. Disclaimer: All square footage measurements are approximate and provided for informational purposes only. Flip Tax 2% Paid by the Purchaser.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer in unit
Unit features
Dishwasher
Hardwood floors
Private outdoor space

Balcony

View

City

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$3,950,000
Asking Price: $3,950,000
Term
30 Years
Down Payment
$790,000 (20%)
Min: 20% (790,000)
Rate
6.5 %
Mortgage Amount
$3,160,000
Mortgage Payment
$19,973
Maintenance
$8,990
Estimated Yoreevo rebate
$39,500
Estimated closing cost
$67,000
Total monthly cost $28,963
Buy your dream home with us and get an estimated $39,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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