SoHo is synonymous with NYC luxury, with its high-end shopping, restaurants, and art galleries. This small neighborhood has made a big name for itself in recent decades, which has also spurred price tags into the multi-million dollar range. But every once in a while, a deal like 101 Thompson St. #33 comes along. Our Deal of the Week is a true 2-bedroom with in-unit laundry located in the heart of SoHo.
The median asking price for a home in SoHo was $4.1 million this April, according to the StreetEasy Data Dashboard. That means our Deal of the Week is under a quarter of the median asking price for the neighborhood!
Buyers who stick with the 20% minimum down payment of $150,000 can expect to see monthly payments of $4,733. This includes a mortgage payment of $3,302 and a maintenance fee of $1,431.
This apartment is a true 2-bedroom unit, meaning both bedrooms have a closet and a window. Each bedroom can also fit a queen-sized bed! The kitchen and living room are spacious as well, with a breakfast bar separating the two and providing some dining space. In addition to a closet, the kitchen has lots of cabinet space and full-sized appliances, including a mounted microwave and dishwasher.
Also in the kitchen? A washer and dryer hidden behind cabinet doors! Talk about the ultimate NYC convenience. The kitchen also has a dining nook that can fit a small table. Just down the hall from the kitchen is the bathroom, which features a glass-enclosed shower. The listing doesn’t include a photo of the bathroom, so you’ll have to use your imagination or go see it in person!
The unit is located in a prewar co-op building just feet from the C and E trains at Spring Street. SoHo institutions like Dominique Ansel Bakery, Boqueria, and The Dutch are all located within a couple of blocks. There are also numerous museums and shops nearby, in addition to Spring Street Park! Plus, the building allows co-purchasing and subletting.
Unfortunately, the unit is located on the fifth floor of a walk-up building. But at least it’s not the sixth! Plus, at over $1,400 per month, the maintenance fees are definitely on the higher side. But if you’re looking to buy in SoHo and want a little more room, shortlist this one!
Check out the listing at 101 Thompson St. #33, listed by Kenneth Thornton of Corcoran.