Jones Lang LaSalle Incorporated : JLL Capital Markets retained to sell one-time home of John Lennon and Yoko Ono

NEW YORK, May 22, 2024 - JLLCapital Markets today announced it has been retained to market the sale of a two-story loft-style building at 496 Broome St. that was purchased and once occupied by John Lennon and Yoko Ono in the 1970's.

The property was the couple's New York home prior to acquiring their long-time residence at the famed Dakota apartment building. Control of the property has remained in the family and it is being offered for sale for the first time in 53 years.

Located on the North side of Broome St. between Wooster St. and West Broadway, the property features a gallery-like ground floor space with 14.4 ft. ceilings, an open kitchen plus a bedroom loft in the rear. The top floor comprises another large live-work space and one-time recording studio.

The property has 4,600 square feet of air rights and current zoning allows for three additional floors for a total gross floor area of roughly 7,500 square feet above grade, subject to Landmarks approval.

The JLL Capital Markets Investment Sales and Advisory team led by Managing Directors Paul Smadbeck and Guthrie Garvin is leading the marketing effort.

"496 Broome St. is both a unique piece of New York history and popular culture and a prime investment opportunity for the right buyer," said Smadbeck. "Versatile zoning and its location in one of the city's most desirable and trendsetting neighborhoods offers an exciting opportunity to create a one-of-a-kind property."

496 Broome St. is situated in the heart of SoHo, which is globally recognized as a premier residential, retail, arts and office destination. The property has 20 ft. of frontage along Broome Street in a bustling neighborhood renowned for its upscale luxury boutiques, restaurants and galleries that draw visitors from around the world.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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