The historic cast-iron mixed-use building 435 Broome Street has just hit the market for $17,00,000 with Douglas Elliman’s Louis Puopolo and Lori Barbaria. Whether it’s a tech, media, or luxury design company looking for their corporate flagship headquarters or a discerning developer looking for a redevelopment project, this building is the perfect multi-functioning property for retail, office, or residential mixed-use.
Custom built in 1873 by the great Gothic revival architect William Appleton Potter, 435 Broome Street consists of five impeccably maintained tall loft stories. Potter, who was most notable for his muscular commissions, designed the building with a more feminine touch. He included fanciful elements, such as attenuated Italianate columnettes seated on gothic bases and crowned with florid capitals.
The building is currently configured as three residential lofts, one commercial loft showroom, over a ground floor retail space, including a lower level with a sub-basement. The ground retail floor boasts booming 15′ ceilings, a deep floorplate and an as-of-right option to combine two windowed sub-levels for a combination of 6,000+ SF of prime retail.
Since its inception, the building has been filled with a rich history. In 1898, the property was sold to William Waldorf Astor, founder of the Waldorf Astoria and great-grandson to the legendary John Jacob Astor. The family sold the building in 1925. After that, the property housed a variety of commercial uses, up until 1967, when it was purchased by the current owner, Perry Rosenstein. From 1995 until 2010 the Rosenstein family foundation operated the alternative cultural space, the Puffin Room. The popular gallery featured exhibitions, dance and theater performances and served as a town hall for the SoHo community with elections, town hall meetings and political forums. Yoko Ono, Angela Davis, Daniel Ellsberg were part of the Puffin Room legacy. Loft Pioneer Shows were a regular feature and over the years more than one hundred SoHo, Tribeca and NoHo artists were exhibited. The classic upper floor SoHo lofts have been used continuously since the 1970s for the creation of fashion, media, music, photography, art and design.
The building will be delivered vacant.