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for saleRealtyLens property overview
$3,995,000

47 Howard St Unit Ph

Manhattan, NY, 10013
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2Beds
1.5Baths
3,000Sqft
$1332$/sqft

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

Below nearby median-27%

$1332/sqft vs a nearby median of $1814/sqft.

Nearby median$1814/sqft
Nearby properties12
Property size3,000 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

Yardstick fair value$5.77M$5.25M$6.29M · 50% confidence
vs ask $4.00M−$1.77M (−44.3%)

Asking price is about 44.3% below the fair value — likely to draw competing offers if it's still on market.

$1,780/sqft median across 8 tight comps × 3,000 sqft= $5.34M
  • Transit access+$214k +4.0%
  • Pre-war character+$133k +2.5%
  • High-density walkability+$107k +2.0%
  • Visible condition issues−$27k −0.5%
Cumulative NYC adjustments+$427k+8.0%

Property Read

FreshnessCurrent market data

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

Market Position-27% 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

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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

ElevatorOutdoor SpaceSecurity FeaturesDishwasherWasher DryerModern KitchenOpen KitchenHigh CeilingExposed BrickRental PropertyElevatorViewsChefs KitchenOpen Concept Floor PlanHardwood FloorsDenMaintenance

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.

Price History

May 4, 2026Initial record
$3,995,000for sale

You can also find this listing on StreetEasy.

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