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561 Broadway #4A
Coop in Soho •  building info
2bd • 1.5ba • 2,400ft² $1,146 per ft²
List Price

$2,750,000

Key Details
Days on market
192
Last price change
loading...
Estimated payment
$20,569
Monthly taxes
N/A
Monthly maintenance
$6,300
Description
Opportunity awaits in this expansive loft in Little Singer Building. You may live, live-work or just work in this 1903 Beaux-Arts gem on Prince Street. The 47 foot wide Juliet balcony offers glorious light , eastern views and city vistas. The large alcove, interior spaces and bathrooms offer endless possibilities. The building permits sublets and purchase by LLC's. The current buildout includes a kitchen, bath, washer/dryer and an AC unit . Come take a look and dream. Images have been virtually staged. Ernest Flagg, a Beaux-Arts trained New York architect designed the "Little Singer Building" in 1902. Its construction began in the spring of 1903, five years before he would create the Singer Tower that for a short time was the world's tallest building. The tower came down in 1967, but fortunately the Singer Loft Building at 561 Broadway survived. Since 1979, it has been a co-op with a mixture of residential and commercial uses: 20 offices and 15 live/work units for artists. The airy look of the Little Singer derives from its very wide windows together with the lacy strip balconies across each level. These balconies have delicate wrought iron railing, sophisticated in design and varying from floor to floor. Over the years beginning in 1983, the aging one time factory was restored by the co-op. This included repainting the decorative ironwork the same deep green color that Flagg had used in 1903.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer in unit
Listing Amenities
City View
Outdoor Space
Balcony
History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$550,000 (20%)
Min: 20% (550,000)
Rate
6.75 %
Mortgage Amount
$2,200,000
Mortgage Payment
$14,269
Maintenance
$6,300
Estimated closing cost
$42,000
Total monthly cost $20,569
Listing Courtesy of Corcoran Group

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