Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SoHo

Manhattan · New York, NY

65 active listings · Median $3.4M

$3.4M
Median Asking
$6,250/mo
Median Rent/Mo
65
Active Listings
47.5
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — SoHo

What defines this market

A condo-dominant submarket with moderate rent growth, sale values below the 5-year high, and sale listings clearing quickly.

Common search patterns

value buyersfast-movingcondo-dominant

Median asking rent in SoHo is $6,250/month, $4,700 below the 5-year high set in Dec 2025. Rents are up +2.5% year over year and +38.9% over the past 5 years. Median sale price stands at $3.35M, 21.2% below the 5-year high recorded in Apr 2024. Sale prices are down -4.1% year over year.

Rental snapshot

  • Median asking rent: $6,250/month ($4,700 below the 5-year high in Dec 2025)
  • Year-over-year rent change: +2.5%
  • 5-year rent change: +38.9%
  • Active rental listings: 258

For-sale snapshot

  • Median sale price: $3.35M (21.2% below the 5-year high in Apr 2024)
  • Condo vs co-op median: condos $3.35M / co-ops $725K
  • Year-over-year sale price change: -4.1%
  • Median days on market (sale): 47.5 days
  • Active for-sale listings: 164 (-11.4% YoY)
  • Active listings with a price cut: 9.1%
  • Recent monthly closed sales: 11

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Jun 2026.

About SoHo

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-w...

In my 25+ years selling real estate across New York City, I use this SoHo data in real negotiations, not just for a web page.

Quick Facts

BoroughManhattan
Zip Codes10012, 10013
Subway1, 6, A, C, E, J, N, Q, R, W, Z trains
Building TypesPre-war buildings, Condos, Walk-ups

Transit, Schools & Commute

Subway Lines:1 6 A C E J N Q R W Z

Stations: Canal St (0.14 mi), Spring St (0.22 mi), Prince St (0.28 mi), Franklin St (0.35 mi), Bowery (0.54 mi)

Midtown: 12 min (A express from Canal St)


Nearby Schools

SchoolGradesDist
P.S. 150 Tribeca Learning CenterPK-50.47 mi
P.S. 234 Independence SchoolPK-50.63 mi
P.S. 89 (Liberty School)PK-50.79 mi
The STAR Academy - P.S.63PK-50.80 mi
P.S. 020 Anna SilverPK-50.91 mi
I.S. 312 NYC Lab Middle School6-80.61 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$3,350,000
-4.1% YoY
Median Rent
$6,250/mo
+2.5% YoY
Price per Sq Ft
$2,062
Sale-to-List Ratio
96.0%

Price Trends

Median closed sale price by month

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Own in SoHo? What it would sell for today

SoHo housing centers on cast-iron loft conversions in the SoHo-Cast Iron Historic District, alongside condominiums and pre-war walk-ups. Buyers weigh ceiling height and window line against the C/E, N/Q/R/W, 1, 4 and 6 trains. Loft co-op sellers should have the board package, building financials and certificate of occupancy ready; condo sellers, the offering plan amendments and common-charge history.

Send me the address and I will read the comps in SoHo before we talk

With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.

Email is the only required field.

Current Inventory Snapshot

Calculating market narrative...

Inventory & Activity
Active Listings164
Pending Sales33
New This Week8
New This Month35
Avg DOM47.5 days
Price Cut Rate9.1%
Recent Sales
Sold Last 30 Days5
Sold Last 90 Days25
Sale-to-List96.0%
Asking Prices
Median Asking$3,350,000
Average Asking$6,670,431
Median $/SqFt$2,062
Median Condo$3,350,000
Median Co-op$725,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in SoHo

TypeActive ListingsMedian PricePrice Range
Studio3too few$1.48M - $3.00M
1 Bedroom8$1,275,000$499K - $9.30M
2 Bedrooms30$3,672,000$1.27M - $5.95M
3+ Bedrooms24$7,499,000$3.35M - $33.00M

Active Listings

Properties in SoHo

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Nearby Neighborhoods

SoHo Property Type Pages

Why Work With Milton in SoHo

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Manhattan

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For SoHo buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.

M
Mr. B
Buyer · Manhattan

Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.

P
Pia P.
Renter · Manhattan

Map

Related Articles

New This Week in SoHo

Sale listings that came on the market in the last 7 days.

Homes in SoHo take a median 48 days to sell. Source: StreetEasy market data.

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RLS at REBNY

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.

Frequently Asked Questions about SoHo

The median sale price in SoHo is $3.4M. Condos sit at a median of $3.4M and co-ops at $725K. Sale prices are down 4.1% year over year.

No. The median sale price in SoHo is currently 21.2% below the 5-year high recorded in April 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in SoHo have a median of 47.5 days on market. Only 9.1% of active listings have a price cut on record, signaling tight pricing.

SoHo is broadly balanced right now, with median days on market at 47.5 days and 9.1% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

SoHo offers both co-ops and condos. Condos are the higher-priced segment at a $3.4M median, with co-ops at $725K.

Roughly 11 homes change hands each month in SoHo across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in SoHo is $6,250/month. Live RLS listings show studios at $20,748, 1-bedrooms at $18,498, 2-bedrooms at $12,500 per month. Rents are up 2.5% year over year.

Median asking rent in SoHo is currently $4,700 below the 5-year high set in December 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in SoHo has risen 38.9% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of SoHo, median sale prices range across Chinatown at $9.8M, Tribeca at $3.0M, Nolita at $2.0M, Little Italy at $735K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

SoHo is served by the 1, 6, A, C, E, J, N, Q, R, W, Z trains. The commute to Midtown Manhattan runs roughly 12 minutes from Canal St.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like SoHo, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in SoHo

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in SoHo, I will guide you every step of the way.

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