Multi-family

Luxury Condo Investment or Owner-User Opportunity – 383 W Broadway

Address: 383 W Broadway, New York, NY, 10012
Asking Price: $5,995,000
Sale Type: Investment or Owner-User
Property Type: 2-Star Mid-Rise Apartment Condo
Location: Central Business District (CBD)
Number of Units: 7
Stories: 6
Class: C
Gross Building Area (GBA): 61,800 SF
Typical Floor Size: 9,064 SF
Number of Buildings: 1
Units per Acre: 28/AC
Market Segment: All
Rent Type: Market

Property Overview:

Located in the prestigious SoHo neighborhood, 383 W Broadway presents a rare opportunity to acquire a high-end condo unit in a boutique residential building. This mid-rise luxury property offers spacious living with an exclusive feel, making it ideal for an investor seeking strong rental income or an owner-occupant looking for a prime residence in one of NYC’s most desirable areas. With market-rate rental potential, exceptional design, and a coveted location, this condo is perfect for long-term appreciation and high-value returns.

Key Features:

Prime SoHo Location:

• Situated on West Broadway, surrounded by luxury boutiques, art galleries, fine dining, and high-end retail.
• Steps from Spring Street, Prince Street, and Hudson Square, ensuring steady foot traffic and exclusivity.
• One of Manhattan’s most iconic and upscale neighborhoods, making it a top choice for affluent buyers and renters.

Investment & Owner-User Potential:

• Luxury market-rate rental opportunity in a high-demand area.
• Ideal for investors seeking strong rental yields or owner-users looking for a high-end Manhattan residence.
• Significant value appreciation potential, given SoHo’s exclusivity and continued demand for premium condos.

Sophisticated & Spacious Building Layout:

• 61,800 SF total building area, with only 7 luxury condo units across 6 stories.
• Typical floor size of 9,064 SF, offering spacious and well-designed residential layouts.
• Class C designation, with opportunities for customization and high-end renovations.

Excellent Transit & Accessibility:

• Steps from major subway lines (C, E, 1, N, R, W, 6) for easy access to Midtown, Downtown, and Brooklyn.
• Walkable to West Village, Tribeca, and NoLita, making it one of the most sought-after residential locations in NYC.

Highlights:

✔ $5,995,000 condo investment opportunity in SoHo
✔ Located in a boutique 6-story luxury building with only 7 exclusive residences
✔ Market-rate rental potential in a prime real estate district
✔ Surrounded by high-end shopping, dining, and cultural attractions
✔ Convenient access to major subway lines and transit options

Conclusion:

383 W Broadway is an extraordinary opportunity for investors and owner-users looking to secure a luxury residence or income-generating property in one of NYC’s most exclusive neighborhoods. With soaring demand, prime location, and long-term appreciation potential, this property is perfect for buyers seeking high-end real estate in SoHo.

Contact us today to schedule a private tour and secure this exceptional investment!