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for saleRealtyLens property overview
$5,250,000

565 Broadway Unit 8

Manhattan, NY, 10012
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4Beds
2.5Baths
5,000Sqft
$1050$/sqft

Comps

Listing Notes

Bring your Architect, his Contractor, and your Vision, and create the Loft of your dreams. Please Note: These are virtual renderings of what the Loft could be... IMAGINE creating a one-of-a-kind SoHo loft tailored to your vision! Welcome to The 8th Floor in the Prince Tower Building, aka 565 Broadway, located on the Southwest corner of Prince and Broadway. An Incredibly rare offering. A 5000 SF Floor Corner Loft on the 8th Floor of an Iconic Soho Coop Building built in 1859 with incredible light and views rarely had in Soho. The 8th Floor is grandly proportioned with 50 Feet of unobstructed and sun-flooded morning views to the East, and 100 Feet of windows North and Northwest with New Jersey and Sunset views! Currently configured as two separate lofts with plumbing locations located in the middle of the floor which gives great flexibility in the locations of kitchens and bathrooms. The 8th Floor could easily accomodate 4 bedrooms and 4+ bathrooms. There are two elevator banks that open directly into the Loft. Energy saving Windows were newly installed in 2023. The views and light are spectacular. All of the views that are photographed through the windows are actual views. The interior photographs are all virtually rendered, are not real images, and are meant to be a representation of what the loft might look like, and are not a representation of the current Loft.

Market Insights

Below nearby median-55%

$1050/sqft vs a nearby median of $2312/sqft.

Nearby median$2312/sqft
Nearby properties24
Property size5,000 sqft
  • -55% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 5,000 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$6.29M$5.75M$6.83M · 55% confidence
vs ask $5.25M−$1.04M (−19.8%)

Asking price is about 19.8% below the fair value — likely to draw competing offers if it's still on market.

$2,224/sqft median across 10 tight comps × 5,000 sqft= $5.93M
  • Transit access+$237k +4.0%
  • Pre-war character+$148k +2.5%
  • Days-on-market gravity−$30k −0.5%
Cumulative NYC adjustments+$356k+6.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-55% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
63 days
Last price change
No change recorded
Listed
Mar 11, 2026
Photos
14 photos
Property type
coop
Status
for sale

Features & Amenities

ElevatorRental PropertyElevatorViews

Photos

Building Facts

Year built
1900
Stories
9
Total units
13
Residential units
11
Building area
1.17 ac
Lot size
5,100 sqft
Land use
Multi-family elevator buildings
Building class
D0

From NYC public records where available.

Price History

May 13, 2026Initial record
$5,250,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.