435 Broome Street, a historic and landmarked building, has just hit the market for $17 million. Custom built in 1873 by the great Gothic revival architect William Appleton Potter, 435 Broome Street consists of five impeccably maintained tall loft stories. 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 combines two windowed sub-levels for a combination of over 6,000 sq.ft of prime retail space that can function not only as retail but office space or residential mixed-use.
The building has been filled with rich history starting in 1898 when the property was sold to William Waldorf Astor. Astor was the founder of the Waldorf Astoria and great grandson to the legendary John Jacob Astor. The family sold the building in 1925 when the building was transformed into commercial use up until 1967, when it was purchased Perry Rosenstein who is still the current owner. From 1995 until 2010 the Rosenstein family foundation operated the Puffin Room, an alternative cultural space within the building. 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.
435 Broome Street is currently listed for $17 million with Louis Puopolo and Lori Barbaria of Douglas Elliman.