Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,800,000

Listed at $4,945,000 · Sold 2.9% below asking · Closed September 11, 2025

481 Washington Street #5-N
Closed For Sale Condo

$4,945,000

$1,675 per sq ft

481 Washington Street #5-N

Soho, Manhattan

MLS® #RLS20020403

RLS at REBNY

Listing by R New York

3

Bedrooms

3

Baths

2,953

Sq. Ft.

1895

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,953 sq ft
Year Built 1895
Ownership Condo
HOA/Common Charges $1,989/mo
Property Taxes $62,664/yr
Neighborhood Soho
Floor 5 of 7

Property Highlights

  • Exposure: West facing
  • Style: Prewar,Loft architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 5 of 7
Exposure West
Cooling Central Air
Pets Yes
Cross Street Canal Street/Spring Street
Year Built 1895
Living Area 2,953 sq ft
Architectural Style Prewar,Loft
Block/Lot 595/7507

Listing History

Event Date Price Change
Listed May 1, 2025 $4,945,000 -
Currently May 29, 2026 $4,945,000 -

Description

Established in 1895 as a warehouse for the spice trade, 481 Washington with its 25-inch thick base and cream color Beaux-Arts facade is located at the crossroads of TriBeCa, SoHo and West Village in the booming Hudson Square.

This spectacular private full floor loft offers almost 3,000 sq ft of living space with 3 bedrooms, 3 bathrooms and a home office. The key locked elevator opens onto an expansive great room with 3 original wooden columns supporting the wooden ceiling beam with its brace-work intact.

The chef's kitchen features solid-wood shaker-style white cabinetry, frosted glass subway tile backsplash, grey caesarstone countertops and a white cast iron apron-front farmhouse sink. Appliances include a Liebherr French door refrigerator with 2 freezer drawers, a 56-bottle Liebherr wine cooler, 6 burner Wolfe gas range and Bosch dishwasher and microwave.

The peaceful and oversized master suite features two custom built out closets and a luxurious master bath with radiant heated flooring, free standing double sink console and a pedestal soaking tub. The two other bedrooms are well proportioned with one of them containing its own en suite bath.

The building has a super from Monday to Friday 9-5, virtual doorman, secured package room, bike room and a large private storage locker deeded to the apartment. You will love the convenience and proximity to Trader Joes, the 1, C and E train, Holland Tunnel, and Hudson River Promenade.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit New Windows

Exterior Features

Building Storage

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Stories 7
Style Prewar,Loft

Financial Details

Common Charges $1,989/mo
RE Taxes $62,664/yr ($5,222/mo)
Sale Price $4,800,000

SoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.

Soho Live Market Data

View Neighborhood

Active Listings

79

Median Asking Price

$4.50M

Median $/Sqft

$1,987

Avg Days on Market

N/A

New This Week

3

Price Reduced

27%

Sold (30 Days)

3

Median Sale Price

$4.75M

Live data from RLS at REBNY • Updated 5/29/26, 10:47 AM EST

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Location

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481 Washington Street #5-N, Soho, New York County • Near Canal Street/Spring Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
7
Floors
13
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,874,451
Land Value: $432,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,800 SF
Building Area: 46,006 SF
Built FAR: 6.77
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,989 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $62,664, or roughly $5,222 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,953 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1895, making it approximately 131 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,945,000 for 2,953 sq ft, the asking price per square foot is approximately $1,675. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20020403
First Listed: 5/1/2025
On Market: 5/1/2025
Price Changed: 5/1/2025
Closed: 9/11/2025
Contract Date: 4/29/2025

Listing Courtesy of R New York - Anne Laure Touchard

Listing Contact: (212) 688-1000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 2:47 PM UTC

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