435 Broome Street Active

New York,NY 10013

$ 19750000

0 Bed

0 Bath

10769 SqFt


Key Details

Property Type Townhouse

Sub Type For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 10,769 sqft

Price per Sqft $1,833

Subdivision Soho

MLS Listing ID 950761

Annual Tax Amount $4,583

Property Description

This SoHo historic Cast Iron building offers a variety of opportunities for repositioning: retail, office, or residential mixed-use. Custom built in 1873 by the great Gothic revival architect William Appleton Potter this sale offers a multi-functional property perfect for a corporate flagship headquarters or a discerning developer looking for a redevelopment project.

Situated on an Excellent view corridor 100 ft. from Broadway, the building consists of 5 tall loft stories impeccably maintained and artfully framed by gothic cast iron columnettes and capitals. The ground retail floor boasts booming 15' ceilings, a deep floorplate and an as-of-right option to combine two windowed sub-levels for a combination of 6,000+ SF of prime retail.

The building will be delivered vacant. The redevelopment potential is adaptable to both residential and commercial use.

OTHER FEATURES INCLUDE:<Br>* Additional air-rights to develop a 6th floor penthouse
* Upgraded mechanicals
* New electric with 600 Amp
* 2 water risers
* 2 upgraded waste lines
* Full sprinkler system with new heads and plumbing
* Existing original windows on west side of building from floors 2 thru 5.
* Recently renovated loft apartment
* Original elevator servicing each full floor loft from sub-basement to 5th floor.

ADDRESS: 435 Broome Street, New York, NY
LOCATION: South side, between Broadway and Crosby Street
BLOCK AND LOT: 473-15
ZONING: M1-5B
LANDMARK STATUS: Landmark - SoHo-Cast Iron Historical District
YEAR BUILT: 1873
LOT DIMENSIONS: 24.92 ft x 101.08 ft
LOT SIZE: 2,517 SF
TOTAL EXISTING BUILDING ZONING FLOOR AREA: 10,769 SF
Ground Floor: 2,326 SF l Floor 2nd to 5th: 2,111 SF l Basement: 2,778 SF
Sub-Basement: 2,770 SF l Total Floor: 16,889 l Additional Floor Area: 1,816 SF
CEILING HEIGHT: Store: 15' l 2nd: 14' l 3rd: 13' l 4th: 11' 9 (was 12' but has new subfloor)5th: Slopes 14' to 10' l Basement: 10.1' l Sub. 8.8'
CURRENT ANNUAL OPERATING EXPENSES: $18,200
2019/2020 REAL ESTATE TAXES: $173,000

Location

State NY

Community Soho

Building

Story 5

Others

Pets Description No Pets

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