Actress Sela Ward Lists Her Swanky SoHo Loft for $5.8M

SoHo has been a stylish New York City hotspot for years, drawing the artistically-inclined but also transformed over the years to be fashion-focused and luxurious. Once full of factories in the early 1900s, now Gucci and Chanel line the cobblestone streets. Similarly, many old industrial buildings have become exquisite, high-end lofts. Two-time Emmy-winning actress Sela Ward recently listed her SoHo home for $5.795 million, and it embraces both the artsy and opulent sides of the neighborhood. The bright co-op feels taken from a downtown-set episode of Mad Men, but with a modern edge.

Immediately upon entry, there is an excess of space and light— the ceilings soar 14-feet high, with steel and glass doors of equal height offering slight separation in the wide-open floorplan. The loft’s 10-foot-tall windows face east, allowing sunrise to serve as an alarm clock in the mornings. Original cast-iron columns, large pieces of artwork, and sleek yet boho-esque decor give spaces a refined creative flair. All told the loft spans more than 2,400 square feet, counting 3 bedrooms and 2.5 bathrooms.

Though its style is alluring, this unit at 16 Crosby Street has another unique perk. It comes with 7.5% ownership of three retail spaces. The income generated from these commercial spaces means that there have been zero monthly maintenance or tax payments on the apartment for quite a few years. Additionally, there is potential for dividends up to $30,000 per year.

Buying this loft could be quite a savvy investment, not to mention, it is a beautiful place to live. Mark Schoenfeld and Joseph Pullen of Corcoran hold the celebrity listing.