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388 West Broadway

388 West Broadway, New York, NY 10012
Condo in SoHo
9 Units
1 Units For Sale
Unit for sale at 388 W Broadway, Manhattan, NY 10012

$5,950,000 ↓ $175K

  • 3 Beds
  • 3 Baths
  • 2,948 ft²
388 W Broadway #2, Manhattan, NY 10012 Listing by Justin Edelstein

388 West Broadway is a condo located in SoHo, New York. The building was first built in 1871 and is 153 years old. It was first renovated and altered in 2002. The lot that the building was built on is 51 feet wide and 69 feet long. The official lot area is listed as 3,606 square feet. The building itself is 51 feet wide and 69 feet long. In total, 388 West Broadway has a total floor area of 16,390 square feet. Of that, 11,886 square feet are used for residential purposes. About 4,504 square feet of the building are used for commercial purposes. There are a total of 9 units. Of those, 4 are residential units. There are 5 commercial units. 388 West Broadway has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 12 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 287 days Meaning, listings tend to sell at a median of $2,035 price per square foot. The transaction that took the longest to complete was unit 2, listed on Feb 07, 2022 for $7,995,000. This particular unit ultimately sold 287 days later for $6,000,000. The most recent transaction was for unit 2, which was first advertised on Feb 07, 2022, sold for $6,000,000 on Nov 21, 2022. Fun fact, the oldest transaction we have on record took place on Mar 28, 2003. See the full transaction history for 388 West Broadway below.

SoHo, where 388 West Broadway is located, has a median asking price of $2,110,000 for condo buildings. Meanwhile, the building itself has a median asking price of $6,000,000. For interested buyers, that means the building's median asking price is around 4.02% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,950,000. It is a 2,948 sqft 3-bedroom and 3-bathroom unit.

Building Features

Facilities

Storage Available
Laundry Room

Laundry

Washer / Dryer Allowed

Building Style

Prewar
Designated Landmark

Pet Policy

Dogs Allowed / Cats Allowed

Accessibility

Elevators
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1871
  • First Altered Year: 2002
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 9
  • Residential Unit Count: 4
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 3,606
  • Lot Size Depth Feet: 69
  • Lot Size Frontage Feet: 51
  • Building Depth: 69
  • Building Frontage: 51
  • Gross Building Area: 16,390

    Building Floor Area

  • Residential Building Floor Area: 11,886
  • Commercial Building Floor Area: 4,504
  • Retail Building Floor Area: 3,110
  • Storage Building Floor Area: 1,394

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Commercial Floor Area Ratio: 5
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 102
  • City Council District: 1
  • Historic District Name: SoHo-Cast Iron Historic District Extension
  • Police Precinct: 1
  • Fire Company: L008
  • Health Area: 6800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: M1-5A

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 488
  • Lot: 7502
  • Borough Block Lot: 1004887502

    Address

  • Full Address: 388 West Broadway
  • Condominium Number: 1267
  • Zip Code: 10012

Valuation

    Assessments Valuation

  • Assessed Total Value: $6,601,410
  • Assessed Land Value: $447,751

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Downtown Manhattan




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Frequently Asked Questions

What neighborhood is 388 West Broadway located in?
The 388 West Broadway is a condo located in the neighborhood of SoHo in Downtown Manhattan, New York.
How many listings are currently for sale in 388 West Broadway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 388 West Broadway?
The average sales price for units in 388 West Broadway is $6,000,000 , or $2,035/sqft. currently.

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