56 Ludlow Street, Unit 4

56 Ludlow Street, Unit 4

56 Ludlow St
Lower East Side

$1,795,000
Price
2
Beds
2
Baths
1,788 Sq. Ft.
$1,004 / Sq. Ft.
1,788
Sq. Ft.
$1,004
per Sq. Ft.

Open: 6/16 12:30PM - 02:00PM - By Appt

Open: 6/16 12:30PM - 02:00PM - By Appt

Description

Live where a New York City legend began. Welcome to 56 Ludlow, the birthplace of the legendary band, Velvet Underground. This intimate co-op building has served as an artist's haven for decades. Originally built in 1900, it was completely restored and renovated by it's most recent owners and stands as a lovingly maintained piece of NYC history. Within these iconic walls, the fourth-floor loft offers a very rare opportunity to add your artistic expression to the legacy of one of rock and roll's most...Live where a New York City legend began. Welcome to 56 Ludlow, the birthplace of the legendary band, Velvet Underground. This intimate co-op building has served as an artist's haven for decades. Originally built in 1900, it was completely restored and renovated by it's most recent owners and stands as a lovingly maintained piece of NYC history. Within these iconic walls, the fourth-floor loft offers a very rare opportunity to add your artistic expression to the legacy of one of rock and roll's most beloved addresses. Up 3 short flights of stairs, the fourth-floor loft is an expansive space with tremendous possibilities. The approximately 1788 sq ft. interior is move-in ready, but if you want to let your design inspirations run wild, you and your architect can also create the Lower East Side loft of your dreams! It even has an area for a private elevator entrance should it be installed in the building (project is pending). It also comes deeded with approximately 450 sq. ft. of undeveloped, private rooftop space, and nearly 100 sq. ft. of private basement storage. This floor through loft gets wonderful light throughout the day, with 4 large windows on either side facing east and west, plus 2 northern exposure interior windows. The west facing view is towards the historically landmarked 339 Grand. The preservation of the 3 1/2 story Astor row house will guarantee rooftop, city views and beautiful light for years to come. The 4th floor currently has month to month tenants. It can be delivered vacant near closing. Monthlies are $2500. There is basement bike storage allowed in the designated elevator space until/if when the elevator is installed. The building allows washer/dryers and pets upon approval. This block of Ludlow lives in a rarefied space. It's one of the few in the area that isn't home to several loud bars or restaurants. This is due to its close proximity to multiple schools, keeping it preciously quiet in this very vibrant neighborhood- A veritable oasis on the Lower East Side. However, if you want art, culture, restaurants, bars and shopping, you literally only need to travel around the block. The Lower East Side is one of NYC's most historical neighborhoods. It's know for its distinctive energy and verve, which has attracted and inspired all those that have inhabited it's boundaries. Come see if 56 Ludlow inspires you!

Property Details for 56 Ludlow Street, Unit 4

Zoning
C6-2
View
City

Open Houses

Sunday, Jun 16th

12:30 PM - 2:00 PM

By Appointment OnlyView Details

Location

Listing Courtesy of Corcoran Group
Add your commute
LISTING UPDATED: 05/29/2024 08:36 AM

Property Details for 56 Ludlow Street, Unit 4

StatusActive
MLS IDRPLU-33422872752
Days on Market24
Taxes-
Maintenance$2,500 / month
Min. Down Pymt-
Total Rooms5.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1900
CountyNew York County

Building

56 Ludlow St

4 Units5 StoriesBuilt in 1900

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 56 Ludlow Street, Unit 4

Building/Complex56 Ludlow StFloor-Stories5Residences4Pet PolicyNot AllowedYear Built1900Building AgePre-warBuilding TypeLowrise

Payment Calculator

$12,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

$0

Maintenance/Common Charges

$2,500

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Ludlow Street, Unit 4

Summary
Location and General Information
  • Subdivision Name: Lower East Side
  • Stories Total: 5
  • Exposures: East, West
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0012
  • Tax Deduction Percent: .00%
  • Tax Block: 00310
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0012
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 1788.0
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes, BuildingSizeLimit
  • Building Pets Allowed Comments: case by case
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: RentalBuilding
  • Number Of Shares: 2000
  • New Construction: No
  • Structure Type: WalkUp
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: WindowUnits
  • Entry Level: 4
  • Fireplace Features: Decorative
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Floor Number: 4
  • Basement: Yes
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Rental
Rental Information
  • Pets Allowed: UnitYes, UnitSizeLimit
  • Attendance Type: None
  • Land Lease: No
  • Lease Type: StabilizedLease
  • Pets Allowed Comments: case by case

Property History for 56 Ludlow Street, Unit 4

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 56 Ludlow Street, Unit 4

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 142 Amalia Castro
Public - PK to 5
P.S. 134 Henrietta Szold
Public - PK to 5
P.S. 20 Anna Silver
Public - PK to 5
P.S. 42 Benjamin Altman
Public - PK to 5
Rating
School
Distance
P.S. 142 Amalia Castro
PublicPK to 5

P.S. 134 Henrietta Szold
PublicPK to 5

P.S. 20 Anna Silver
PublicPK to 5

P.S. 42 Benjamin Altman
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 56 Ludlow Street, Unit 4, Lower East Side

56 Ludlow Street, Unit 4 is a co-op for sale in Lower East Side. This property was listed for sale on May 22, 2024 by Corcoran Group, it's currently listed at $1,795,000. It has been on the market for a total of 24 days and was last sold on February 4, 2009. This listing's school districts are New York City Geographic District # 2, New York City Geographic District # 1. Nearby schools include P.S. 142 Amalia Castro, P.S. 134 Henrietta Szold and P.S. 20 Anna Silver. 56 Ludlow Street, Unit 4 is a 2-bed, 2-bath, 1,788 sqft co-op built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.