Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,300,000

· Closed September 29, 2025

491 Broadway #8
Closed For Sale Co-op

$4,300,000

491 Broadway #8

SoHo, Manhattan

MLS® #RLS20018437

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1897

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Year Built 1897
Ownership Co-op
Maintenance $5,000/mo
Neighborhood SoHo
Floor 8 of 12

Property Highlights

  • Exposure: East,South,West facing
  • Character: Pre-war building (1897)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 2 Full, 1 Half
Floor 8 of 12
Exposure East,South,West
Pets Yes, CatsOk, DogsOk
Year Built 1897
Structure Type HighRise
Furnished Unfurnished
Parcel # 0484-0026-00491-000-0000008
Block/Lot 00484/0026

Listing History

Event Date Price Change
Listed Apr 23, 2025 $4,500,000 -
Currently May 4, 2026 $4,300,000 -4.4%

Description

The entire eighth floor at 491 Broadway between Spring and Broome Streets spans approximately 4,000 square feet and boasts 11.5’ barrel-vaulted ceiling heights throughout. The 18 extraordinary eight foot tall windows (with eastern, southern and western exposures) allow for unsurpassed light and views, and a multitude of layout possibilities – rarely achievable for a SoHo loft.

Most recently the home and studio of renowned Hauser + Wirth artist Ida Applebroog, this exceptional loft is ready for the vision of its new owner. Currently set up as a wide open, expansive space, the unique L-shaped floor plate can be completely reimagined as a magnificent three bedroom, three bathroom home, as shown in the alternate floor plan of this listing.

491 Broadway is a 12-story brick and limestone building in the heart of the desirable Cast Iron Historic District of SoHo. Built in 1897 and designed by Buchman + Deisler, the sheer height of this majestic loft building allows for rare open views from its upper floors. Both passenger and freight elevators service each floor, and all residents have rooftop access. Included in the sale is a large (approximately 100 square foot) storage cage in the basement. The well run cooperative owns the retail space, keeping the residents’ maintenance low, currently at $5,000 per month for each of the 4,000 square foot floors. A video intercom system allows owners to view and grant access to the building from apps on their smartphones.

Features & Amenities

Interior Features

In Unit See Remarks

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 12
Stories 12
Structure HighRise

Financial Details

Maintenance $5,000/mo
Original Price $4,500,000
Sale Price $4,300,000
Previous Price $4,500,000

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, 7:22 AM EST

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Location

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491 Broadway #8, SoHo, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1896
Year Built
130 years old
12
Floors
10
Residential Units
M1-5/R9X
Zoning District
Elevator Apartments Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $9,197,550
Land Value: $385,650
Exemptions: $0

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

Lot Area: 4,200 SF
Building Area: 47,184 SF
Built FAR: 11.23
Allowed FAR: 9

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 monthly maintenance are $5,000 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

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

According to MLS records, the building was constructed in 1897, making it approximately 129 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

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: RLS20018437
First Listed: 4/23/2025
On Market: 4/23/2025
Price Changed: 9/29/2025
Closed: 9/29/2025
Contract Date: 1/18/2024

Listing Courtesy of Compass - Henry Hershkowitz

Listing Contact: (917) 686-3739

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 11:22 AM UTC

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