Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,273,645

Listed at $4,694,500 · Sold 9.0% below asking · Closed February 6, 2013

481 Washington Street #5S
Closed For Sale Condo

$4,694,500

$1,592 per sq ft

481 Washington Street #5S

SOHO, Manhattan

Spice Warehouse

MLS® #RLS10066182

RLS at REBNY

Listing by Elliman

3

Bedrooms

3

Baths

2,948

Sq. Ft.

1895

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,948 sq ft
Year Built 1895
Ownership Condo
HOA/Common Charges $1,334/mo
Property Taxes $34,320/yr
Neighborhood SOHO
Floor 5 of 7

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1895)
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full
Floor 5 of 7
Pets Yes
Cross Street Spring St/Canal
Year Built 1895 (New)
Living Area 2,948 sq ft
Architectural Style Prewar
Parcel # 0595-1610

Listing History

Event Date Price Change
Listed Sep 20, 2012 $4,395,500 -
Currently May 14, 2026 $4,694,500 +6.8%

Description

Spectacular full-floor loft with stunning views of the Hudson River. Nestled in a converted turn-of-the-century spice warehouse, this magnificent home is a seamless fuse of Old World character and modern convenience. Key-locked elevator opens into an exhilarating great room with historic rustic wood posts and an immense wood center beam with original brace work in tact. High ceilings & 4" plank Appalachian White Oak flooring complete this dramatic space. Open gourmet kitchen with Newport Shaker-style cabinetry, 6-burner Wolfe range, 56 bottle Liebherr wine cooler and apron-front farmhouse sink. Oversized Master suite with 2 generous walk-in closets and opulent master bath with Italian Carrara marble-tiled walls, radiant heat flooring and dual pedestal soaking tub. With 2 additional bedrooms, 2 full baths and a huge home office this spacious home is designed to accommodate every modern convenience while retaining the grandeur of days past.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed New Windows

Building Information

Financial Details

Common Charges $1,334/mo
RE Taxes $34,320/yr ($2,860/mo)
Original Price $4,395,500
Sale Price $4,273,645

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

76

Median Asking Price

$4.50M

Median $/Sqft

$2,073

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$4.01M

Live data from RLS at REBNY • Updated 5/14/26, 7:39 PM EST

Recently Sold in SOHO

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Location

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481 Washington Street #5S, SOHO, New York County • Near Spring St/Canal

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 $1,334 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $34,320, or roughly $2,860 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 2,948 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 $4,694,500 for 2,948 sq ft, the asking price per square foot is approximately $1,592. 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: RLS10066182
First Listed: 9/20/2012
Closed: 2/6/2013
Contract Date: 7/2/2012

Listing Courtesy of Elliman - Pamela A. Huson

Listing Contact: (917) 208-9506

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 5/14/2026 at 11:39 PM UTC

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