Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,800,000

· Closed September 5, 2024

388 W Broadway #2
Closed For Sale Condo

$5,800,000

$1,967 per sq ft

388 W Broadway #2

SoHo, Manhattan

MLS® #RLS10968297

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,948

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,948 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $3,588/mo
Property Taxes $48,096/yr
Neighborhood SoHo
Floor 1 of 5

Property Highlights

  • Fireplace: 1 fireplace
  • Style: Loft architecture
  • Character: Pre-war building (1920)

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full, 1 Half
Floor 1 of 5
Pets CatsOk, DogsOk
Year Built 1920
Living Area 2,948 sq ft
Architectural Style Loft
Furnished Unfurnished
Parcel # 0488-1102
Block/Lot 00488/1102

Listing History

Event Date Price Change
Listed Apr 10, 2023 $6,500,000 -
Price Reduced Sep 6, 2024 $5,950,000 -8.5%
Currently May 4, 2026 $5,800,000 -2.5%

Description

Welcome to 388 West Broadway, a rare gem in the heart of Soho's Historic Cast-Iron district. This boutique condominium boasts a premier location and stunning East-facing views of the bustling West Broadway. With only four luxury private residences, this architecturally significant building offers a unique opportunity to live in one of the most coveted areas of New York City. Upon entering this beautifully renovated home through a private keyed elevator, you'll be greeted by the perfect blend of grandeur and originality. The stately gallery reveals soaring 11-foot ceilings, and the expansive living and dining area features a wood-burning fireplace, original wood beams, charming cast-iron columns, and solid wood floors. Natural light floods the space through a bank of eight mahogany-trimmed windows spanning over 40 feet of West Broadway frontage, offering breathtaking views of Soho. The chef's kitchen is a dream with maple cabinetry and granite countertops, wine storage, refrigerated drawers, a Thermador six-burner gas cooktop/oven with a warming drawer, a SubZero refrigerator, and a Bosch dishwasher. Connected by the entry gallery, the west wing features three light-filled bedrooms and two and a half bathrooms. The oversized primary bedroom offers complete privacy, soaring ceilings, large-scale windows, and a delightful custom-built dressing area, and an impressive spa-like en suite bathroom featuring Waterworks tile and fixtures, a marble vanity, deep soaking tub, and separate steam shower. The generously sized second bedroom has its own en-suite Waterworks bathroom and customized walk-in closet. Seamlessly incorporated into the original details are state-of-the-art systems such as a home theater projector, sound system, home automation, museum-quality lighting, and multi-zone heating & cooling. A powder room, separate laundry room with a side-by-side washer and dryer, recessed lighting throughout, and a large deeded storage room complete this wonderful downtown home. Residents of 388 West Broadway enjoy world-renowned dining, shopping, and art galleries in any direction from the building. But what sets this building apart are the East-facing views of West Broadway, offering residents an unparalleled opportunity to experience the energy and excitement of Soho right from their own home. Don't miss out on this exceptional opportunity to live in one of the most sought-after locations in New York City

Features & Amenities

Interior Features

Common On Floor Common Area In Unit Fireplace (1)

Appliances

Washer

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 5
Style Loft

Financial Details

Common Charges $3,588/mo
RE Taxes $48,096/yr ($4,008/mo)
Original Price $6,500,000
Sale Price $5,800,000
Previous Price $5,950,000

SoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.

SoHo Live Market Data

View Neighborhood

Active Listings

74

Median Asking Price

$4.30M

Median $/Sqft

$2,006

Avg Days on Market

N/A

New This Week

2

Price Reduced

23%

Sold (30 Days)

8

Median Sale Price

$3.60M

Live data from RLS at REBNY • Updated 5/4/26, 12:58 PM EST

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Location

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388 W Broadway #2, SoHo, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1859
Year Built
167 years old
5
Floors
8
Residential Units
C6-2A
Zoning District
Walk-Up Apartments Historic District: Tribeca East Historic District

Tax & Assessment

Assessed Value: $3,040,200
Land Value: $720,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,886 SF
Building Area: 24,000 SF
Built FAR: 4.91
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $3,588 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $48,096, or roughly $4,008 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,948 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,800,000 for 2,948 sq ft, the asking price per square foot is approximately $1,967. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10968297
First Listed: 10/26/2023
On Market: 4/10/2023
Price Changed: 9/6/2024
Closed: 9/5/2024
Contract Date: 4/5/2023

Listing Courtesy of Compass - Justin Edelstein

Listing Contact: (914) 227-7459

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 4:58 PM UTC

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