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246 Spring Street 3504New York, NY 10013

For Sale

$850,000

Smart Buyer Rebate $8,750

Rare investment opportunity at 246 Spring Street, located within one of Manhattan’s premier luxury hotels. This turnkey unit offers an impressive 6.5% return on investment and includes 120 days of personal use per year, blending income potential with exclusive access to five-star amenities.
The residence features custom furnishings by Fendi Casa, bronze fixtures, custom ebony cabinetry, and is complete with a wet bar which includes a refrigerator and microwave. The oversized marble bathroom is truly gorgeous, offering a deep soaking tub and a separate glass-enclosed walk-in rain shower. The residence is outfitted with state-of-the-art one touch control technology for adjustments of the temperature, blinds, and lighting.
Whether you're seeking a pied-à-terre with strong financial performance or a pure investment, this property delivers both. Enjoy full hotel services, prime SoHo location, and the ease of professionally managed short-term rental income. Own in the heart of downtown with none of the hassle.

Listed by Asher Alcobi

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License #10311202569

·

Peter Ashe

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(212) 750-3322

Last updated August 27, 2025

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Source: REBNY #RLS20028287

Listing Facts

  • TypeCondo
  • NeighborhoodHudson Square
  • Bathrooms1
  • Days on Prevu98
  • HOA/Maint. Fees$3,059/month
  • Taxes$9,828/year
  • Size500 sqft
  • Price per sqft$1,700

Amenities

  • Pets Allowed
  • Concierge
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

06/03/2025
Listed by Peter Ashe
$850,000

Estimated Closing Costs

Total
$20,974
Attorney Fees
$4,000
Title Insurance
$3,825
Bank Attorney
$1,500
Mortgage Recording Tax
$7,649
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $850,000 and a 50% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 246 Spring Street 3504

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Concierge Full Time, Doorman Full Time, Lobby Attendant Full Time

Fees

  • Association Fee: $3,059.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Property Condition: Excellent
  • Stories Total: 46
  • Structure Type: High Rise
  • Year Built: 2009
  • Entry Level: 35

Features

  • Building Features: Elevator(s)
  • View: City

Financial

Taxes

  • Tax Annual Amount: $9,828.00

Interior

Measurements

  • Living Area: 500
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Soho
  • Tax Block: 491
  • Tax Lot: 7503

Utilities

Equipment

  • Laundry Features: See Remarks

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.