47 Howard Street (305 CANAL ST)   Unit PH

Welcome to the Ρenthouse at 47 Howard Street — a rare opportunitу to own the kind of loft that SoHo was built on. Spanning over 3,000 square feet, this sun-drenched full-floor residence features soaring 20-foot ceilings and an open, airy layout that embodies the quintessential New York artist loft. Move right in or personalize the space and expand upward with exclusive private rooftop rights. Nestled within an intimate, self-managed five-unit cooperative, the building offers a close-knit community feel in the heart of one of New York City's most coveted neighborhoods.
A historic copper elevator opens directly into this bright, full-floor loft, where oversized windows with Southern, Eastern, and Northern exposures frame classic downtown New York City views. Wide-plank hardwood floors, exposed brick, and partly exposed beamed ceilings that reach 20 feet create a warm, textured backdrop — while six skylights bathe the space in natural light and offer a rare chance to sleep under the stars.
The entertaining-scale dining room draws you toward the other half of the residence, where an expansive open kitchen and additional living and dining space live. The chef's kitchen is appointed with a professional gas range, a Fisher & Paykel refrigerator, and an oversized Calacatta Viola marble island — equally suited for intimate dinners or large-scale hosting.
A compelling financial advantage sets this offering apart: shareholders of 47 Howard Street co-own the ground-floor retail space, and the rental income from that space offsets all monthly maintenance costs: common charges and real estate taxes. By October 2027, the owner of Unit 5 will receive approximately $4,000 per month in income from the retail space, with a 3% annual increase thereafter. Flexible sublet policy.

Legally designated as a live-work space, the loft sits ideally between Broadway and Mercer on one of SoHo's most sought-after blocks. Surrounded by world-class dining at Le Coucou and La Mercerie, the beloved Happier Grocer, high-end boutiques, and prominent galleries — and with easy access to the 4/5/6, N/Q/R/W, A/C/E, J/Z, and 1/2 trains — this is SoHo living at its most authentic.