514 Broome St
New York, NY 10013
Multifamily Property For Sale · 1 Unit

Bestreich Realty Group (BRG) and The Alyssa Brody Team at Compass have been exclusively retained to sell 514 Broome Street (Block: 00488, Lot: 0040), located between Thompson Street and West Broadway in SoHo. This three-story, single family townhouse is built 19.83 ft x 49.50 ft on the basement and ground floor and built 19.83 ft x 36 ft on the top two floors, offering approximately 3,409 square feet. It sits on a 19.83 ft x 49.50 ft lot and is zoned M1-5B, offering approximately 2,500 square feet of additional air rights. The townhouse is currently occupied by a tenant who pays $16,000 per month with a lease expiring in March 2022. The monthly rent will increase in April 2020 to $16,480 and then to $16,892 in April 2021. 514 Broome Street was built in 1930 and recently modernized. It currently features 3 bedrooms, 2 full bathrooms and 2 half bathrooms. The finished basement offers a half bath, windows and a separate entrance from the street. In addition to a 280 square foot landscaped outdoor terrace on the second floor, this exceptional townhouse features wood burning and gas fireplaces, exposed brick walls, chestnut hardwood floors, a 2,500 bottle wine cellar, washer/dryer, a wet bar, security system, video intercom, central air, storage and a balcony. The property is located in the heart of SoHo and within walking distance to the N, Q, R, W, B, D, F, M, C, E, 1 and 6 subway lines, offering quick and easy access throughout Manhattan.