When people picture a classic New York loft, this is what they picture. It’s a chance to live in a true SoHo loft. One that blends history and style in a location that’s as just as much exciting as it is iconic.

$1,900,000 For Sale | $10,000/mo For Lease

The Story Of This Home

This SoHo loft is more than a home. It’s a living piece of downtown history. Once home to a textile warehouse, a film studio, and more, 514 Broadway has always been a canvas for creativity.

Residence 5G continues that story with 13-foot ceilings, striking arched windows, and endless light that shifts beautifully throughout the day. It’s a space that feels cinematic, creative, and deeply alive.

Photos, Staging and Vision

Original Details
9 Ft Windows
Central A/C
13 Ft Ceilings
High End Appliances
Northeast exposures

View Photos


1980s postmodern staging by Carolyn Wallander, owner of Object Permanence, brings this SoHo loft to life with bold design and iconic pieces. Featuring a Rudi Stern neon, a Lion in Frost Lucite table, a Nicoletti-style Italian sofa, a Missoni wool rug, and signed Murano glass by Dino Rosin, the space evokes the unmistakable cool of SoHo. Artful, luxurious, and effortlessly chic.

View more of this 80’s Icon


Virtual staging is the best way to see future possibilities for design and layout, inspiring imagination, creativity, and what’s possible.

Before
After
Before
After
Before
After

Take a walk through SoHo and see why this iconic loft captures the best of downtown living.

Video Tour Coming Soon

Property Essentials

  • (Co-op) 
  • Sales Price: $1,900,000
  • Rental Price: $10,000/Month
  • Monthly Maintenance + Taxes: $2,091

IMPORTANT FEATURES:

  • Approx. 1,400 Sq Ft on Main Level with 13 FT Ceilings
  • Additional 300 Sq Ft Mezzanine Level with 5 FT Ceilings
  • Interior Courtyard views (Zero Broadway noise!)
  • Northeast Exposures – Film-quality lighting
  • Washer/Dryer In-Unit
  • Chef’s kitchen with premium appliances: Wolf, Bosch, and Sub-Zero
  • Large Walk-In Closet 
  • Central A/C and Heat
  • 8×8 Storage Unit in basement 
  • Only 2 Units on the 5th Floor

Key Dimensions:

  • Approx. 1,400 Sq Ft on Main Level with13 FT Ceilings
  • Additional 300 Sq Ft Mezzanine Level with 5 FT Ceilings
  • 6 FT x 5.7 FT Walk-in Closet
  • 9 FT x 6.2 FT Windows
  • 8×8 Storage Unit in basement 
  • (See Floor Plan for additional measurements) 

Building Essentials 


Built around 1900, 514 Broadway is part of SoHo’s celebrated cast‐iron architectural heritage. Six stories tall, forty residences, this building preserves many of its turn-of-the-century loft features—soaring ceilings, oversized windows, authentic cast-iron columns—that once made factories and warehouses here essential to New York’s industrial rise.

  • Building Type:
    • Cooperative (Co-op) 
  • Management: 
    • Dermot Management
  • Super:
    • 1 Live-In Super (Super has worked for the building for almost 40 years!)
    • 1 Part-Time Super On-Site
  • Amenities:
    • High-Tech Virtual Doorman
    • Elevator Building (Key-Locked)
  • Recent Upgrades: 
    • Roof Repair
    • Lobby Renovation
    • New HVAC Cooling System
  • Policies:
    • Pets: Allowed With Board Approval
    • Subletting Allowed 1 Year Upfront, Then Case By Case

A Day in the Life

  • ☕ Coffee: La Colombe • Everyman Espresso • Café Integral • Felix Roasting Co.
  • 🍝 Dining: Balthazar • Fanelli’s • Altro Paradiso • Ruby’s Café • Jack’s Wife Freda • Sant Ambroeus • The Mercer Kitchen
  • 🛍 Shopping: Chanel • Acne Studios • Dover Street Market • R & Company • BBDW • McNally Jackson Books
  • 🎨 Culture: New Museum • Drawing Center • Team Gallery • Greene Street Galleries
  • 🌳 Green Space: Washington Square Park • Sara D. Roosevelt Park
  • 🚇 Transit: 6 / N / R / W at Prince St • C / E at Spring St • Multiple lines within 5 minutes

Essentials to Purchase

Requirements

  • Minimum Down Payment: 20–25%
  • Post-Closing Liquidity: 2 years recommended
  • Board Approval: Required

Process Overview

  1. Submit Offer with Financials – Include proof of funds and pre-approval if financing.
  2. Accepted Offer → Contract Signing 
  3. Financing & Board Package Preparation – Allow 6–8 weeks for loan processing, document gathering, and board review.
  4. Board Interview & Approval – Final confirmation from the co-op board.
  5. Closing & Keys – Usually 1–2 weeks post-approval.

⏳ Total Timeline: Approximately 8–12 weeks from accepted offer to closing.

Essentials to Rent

Requirements

  • Income Requirement: 40× monthly rent (combined household income)
  • Guarantors: Allowed on a case-by-case basis (must earn 80× monthly rent)
  • Application Fees: (Non-refundable)
    • $550.00 processing fee payable to Dermer Management
    • $65.00 digital submission fee payable to Dermer Management
    • $20.00 credit check fee per subtenant payable to Dermer

Process Overview

  1. Submit Application & Documents – Includes photo ID, employment letter, pay stubs, bank statements, and tax returns.
  2. Board Review – Varies
  3. Approval & Lease Signing – Lease executed and deposits submitted.
  4. Move-In Coordination – Schedule with building management or superintendent.

⏳ Total Timeline: Approximately 2-4 weeks from application to move-in.

514 Broadway is more than an address. It’s the continuation of downtown’s creative spirit. Sunlight, texture, and history all meet in a loft that feels distinctly New York: cinematic, inspiring, and endlessly alive.

Spaces like this rarely come around and they never go out of style.
To experience it for yourself, contact me to schedule a private showing.