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Rental BuildingSoHo

492 Broome Street #3, New York City, NY 10013

Listing Courtesy of TIPPING POINT REAL ESTATE LLC

$18,500/mo

Potential Rebate: $278

Rental Building
2 Beds
2 Baths
7 Rooms
2,500 sqft
Built 1900
7/ft²
Listed on Nov 17, 2025
43 days on market

Overview

Come home to this 40 wide renovated artists loft with downtown authenticity in the center of prime Soho. The elevator opens directly into a wide-open living space, featuring a wall of six south facing windows, 10.5' ceilings, warm oak floors and original cast-iron columns.<br><br>An open chefs kitchen is outfitted with Bosch appliances, a large island and custom cabinetry. There are two quiet bedrooms with walls of closets, big windows and en suite baths. Temperature is controlled by central AC and forced air heat pump.<br><br>Application fee: $20 per applicant.<br>Security deposit: Equal to one month's rent.<br>Wire Fee: $45 if tenant opts to pay by bank wire at lease signing.<br>Tenant responsible for electricity and internet costs billed by 3rd party utility companies.<br><br>Tipping Point Real Estate is the exclusive broker/agent for the Landlord (Landlord's Agent) for this property. Prospective renters, their brokers and/or agents understand that neither the Landlord nor Landlord's Agent will charge or collect fees to a prospective renter in connection with this property except for fees as permitted by law. Neither Landlord nor Landlord's Agent assume responsibility for any brokerage fees incurred by a prospective renter in connection with this property under any direct agreement they have entered into with another real estate licensee. This listing should not be re-published.<br><br><br><br><br><br>

Home Features

  • Central Air
  • Central
  • In Unit
  • High Ceilings
  • Dishwasher
  • Hardwood

Estimated Monthly Payment

$91 per month

30 year fixed, 6.28% Interest

Principal and Interest
$91
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$278

Monthly savings impact

$1/mo

Effective Purchase Price

$18,223

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

Price Analysis

Compare average listing prices and value metrics for 492 Broome Street against the surrounding SoHo market.

Based on 1 active unit in building vs 77 in area

Average List Price

Building$18.5K
Neighborhood$6.1M

Price Per SqFt

Building Avg$7/ft²
Neighborhood Avg$2,012/ft²
Value Opportunity

99.63% Lower

than the SoHo price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

SoHo

Overview of SoHo

SoHo (South of Houston) is the retail capital of New York City and a global icon of loft living. Famous for its cast-iron architecture and cobblestone streets, it is an open-air mall of high fashion and art. For buyers exploring SoHo Manhattan real estate, it offers the ultimate "downtown" lifestyle.

Living in SoHo, Manhattan is stylish and energetic. The streets are a runway, filled with models, tourists, and locals shopping at flagship stores. As a premier Manhattan NYC neighborhood, it combines historic industrial beauty with modern luxury.

Real Estate & Housing Market

The market for homes for sale in SoHo is legendary. It is defined by massive cast-iron lofts with soaring ceilings, Corinthian columns, and oversized windows. These spaces, once factories, are now some of the most expensive apartments in the world.

New construction is rare and often hidden behind historic facades. The area attracts a global elite—from tech entrepreneurs to Hollywood stars—who value the unique architectural character and central location.

Lifestyle & Community

The lifestyle in SoHo is cosmopolitan. Residents have the world's best shopping at their doorstep, from Chanel to Supreme. Dining is equally high-end, with power-lunch spots like Balthazar serving as neighborhood institutions.

The community is a mix of old-guard artists (who are protected by AIR - Artist in Residence zoning) and wealthy newcomers. It is busy by day but quiets down surprisingly well on the side streets at night.

Transportation & Accessibility

SoHo is incredibly well-connected. The R/W trains at Prince Street, the 6 at Spring Street, and the C/E at Spring Street provide comprehensive coverage. Canal Street to the south offers access to almost every line.

It is a walker's paradise. You can easily walk to Tribeca, the West Village, and Nolita, making it the perfect launchpad for downtown exploration.

Parks, Schools & Amenities

While SoHo itself is dense with buildings, it is close to Hudson River Park to the west. The Vesuvio Playground is a local favorite for families.

Amenities are focused on consumption: high-end gyms like Equinox, luxury spas, and gourmet markets like Dean & DeLuca (historically, though the retail landscape shifts). It is a neighborhood designed for those who enjoy the finer things.

Who This Neighborhood Is Best For

SoHo is best for fashion lovers, art collectors, and buyers who dream of authentic loft living in one of the world's most recognizable neighborhoods.