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Four-Unit Loft Condominium Building
For Sale
$12,995,000

508 BROADWAY, New York City, NY 10012

Prewar loft property with soaring ceilings, a skylight, oversized windows, and private roof area.

Property Size8,200 SF
Price / SF$1,584
Days on Market160

Property Features for 508 BROADWAY

General Information

Standard status Active
Size 8,200 SF
Property subtype Mixed Use

Additional Details

Public Transit Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $60,996

Amenities

private roof area
in-unit washer/dryer
walk-in closets
skylight

Building Details

Year Built 1910
Listing Agency: Douglas Elliman Real Estate
Listed By: Jennifer Sue Ellenberg
Source: Cbwarburg
Added: Mar 18 Changed: Aug 23 Last Checked: Aug 24 at 2:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This 1910 prewar loft condominium building contains four units, each approximately 2,050 square feet, for approximately 8,200 square feet overall. The four floors feature approximately 12' ceiling height, rich wood flooring, industrial details, oversized windows with east and west exposures, and a skylight. Each unit includes a walk-in closet and washer/dryer, while the property also offers a private roof area and additional unused F.A.R.

The building is located at 508 Broadway in SoHo’s Historic Cast Iron District, between Spring and Broome. Dining, shopping, boutiques, entertainment, and multiple subway lines are nearby, with Bloomingdale’s, Zara, Balthazar, Fanelli’s, and the MoMA store identified in the surrounding area. The units are currently rented and may be delivered vacant or with rental revenue.

Key Highlights

  • Four loft condominium units totaling approximately 8,200 sq ft
  • Each floor is approximately 2,050 sq ft
  • Approximately 12' ceiling height with oversized east- and west‑facing windows

Property Analytics

Current Use

Adika Clothing Store Garage Clothing Clothing Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

35,943
Businesses Nearby

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Prewar loft property with soaring ceilings, a skylight, oversized windows, and private roof area.
Where is this quadplex located?
The property is located at 508 BROADWAY New York City, NY.
What is the asking price?
The asking price for this property is $12,995,000.
What are key features of this property?
This property features: Four loft condominium units totaling approximately 8,200 sq ft; Each floor is approximately 2,050 sq ft; Approximately 12' ceiling height with oversized east- and west‑facing windows
More about this property
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