The listing facts are current enough for an initial property review.
47 Howard St Unit Ph
Listing Notes
Welcome to the Penthouse at 47 Howard Street a rare opportunity to own the kind of loft that SoHo was built on. Spanning over 3, 000 square feet, this sun-drenched full-floor residence features soaring 20-foot ceilings and an open, airy layout that embodies the quintessential New York artist loft. Move right in or personalize the space and expand upward with exclusive private rooftop rights. Nestled within an intimate, self-managed five-unit cooperative, the building offers a close-knit community feel in the heart of one of New York City's most coveted neighborhoods. A historic copper elevator opens directly into this bright, full-floor loft, where oversized windows with Southern, Eastern, and Northern exposures frame classic downtown New York City views. Wide-plank hardwood floors, exposed brick, and partly exposed beamed ceilings that reach 20 feet create a warm, textured backdrop while six skylights bathe the space in natural light and offer a rare chance to sleep under the stars. The entertaining-scale dining room draws you toward the other half of the residence, where an expansive open kitchen and additional living and dining space live. The chef's kitchen is appointed with a professional gas range, a Fisher & Paykel refrigerator, and an oversized Calacatta Viola marble island equally suited for intimate dinners or large-scale hosting. A compelling financial advantage sets this offering apart: shareholders of 47 Howard Street co-own the ground-floor retail space, and the rental income from that space offsets all monthly maintenance costs: common charges and real estate taxes. By October 2027, the owner of Unit 5 will receive approximately $4, 000 per month in income from the retail space, with a 3% annual increase thereafter. Legally designated as a live-work space, the loft sits ideally between Broadway and Mercer on one of SoHo's most sought-after blocks. Surrounded by world-class dining at Le Coucou and La Mercerie, the beloved Happier Grocer, high-end boutiques, and prominent galleries and with easy access to the 4/5/6, N/Q/R/W, A/C/E, J/Z, and 1/2 trains this is SoHo living at its most authentic.
Market Insights
$1332/sqft vs a nearby median of $1814/sqft.
- -27% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 44.3% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$214k +4.0%
- Pre-war character+$133k +2.5%
- High-density walkability+$107k +2.0%
- Visible condition issues−$27k −0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 13 days
- Last price change
- No change recorded
- Listed
- Apr 29, 2026
- Photos
- 15 photos
- Property type
- coop
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1863
- Stories
- 5
- Total units
- 6
- Residential units
- 6
- Building area
- 16,810 sqft
- Lot size
- 3,362 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D0
From NYC public records where available.