NOT LISTED FOR SALE

157 Ludlow St Unit 4F New York, NY 10002

Lower East Side Neighborhood

Estimated Value: $1,016,000 - $1,059,000

2 Beds
1 Bath
-- Sq Ft
$725/mo HOA Fee

Last Sold September 08, 2023

Last sale price $970,000

Est. 7% increase in value since last sale

Current estimated payment $7,661/month

56 Days on Market

Highlights

  • City View
  • 3-minute walk to Delancey Street
  • New Windows
  • P.S. 110 Florence Nightingale Rated A
  • Pre War Building
  • 3-minute walk to ABC Playground

About This Home

As of September 2023

*Tenant occupied, showings are by appointment only. Please reach out to the seller's agent to schedule a showing. ( EASY ACCESS TO SHOW )

There is only a handful of 2 bed 1 bath Condos in the Downtown market that are priced under 1 Million. This is one of them, and this is a fantastic opportunity for an end user or investor to be part of a neighborhood that will continue to grow and prosper.

The apartment gets east-facing light, so your mornings to early afternoons are filled with an abundance of sunshine. When you enter the apartment you will feel a sense of peace and calmness. You are greeted with high ceilings (9'1' ft) and a newly renovated kitchen, with white countertops, new cabinetry, and stainless steel appliances ( dishwasher).

The bathroom has been newly renovated as well, with new tilings, sink, toilet, medicine cabinet, and in-unit Washer/Dryer.

The living room has city views and is spacious enough to comfortably fit a large sectional couch, coffee table, chairs, and an entertainment area.

The main bedroom, has 2 closets and can easily fit a queen sized bed - with room for a long dresser.
The second room can be used as another bedroom or home office.

***Please note, the living room and bedroom have city windows installed, it is extremely quiet in this apartment.

Less than a 5 min walk to the trains. 3 Min walk to Equinox gym. 5 min walk to Whole Foods. All the restaurants and bars are within a 1-5 min walk.

Private, Boutique building 6 floors 10 units.

Current real estate abated taxes are 1,137.41 per month

Last Agent to Sell the Property

Daniel Lee

Compass License #10401252260 Listed on: 06/06/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,536

Year Built

  • Built in 1900

Lot Details

  • 2,178

HOA Fees

  • $725 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • New Windows
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Lower East Side Subdivision
  • 7-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 411

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,536

Year Built

Built in 1900

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Cross Street: Rivington Street/Stanton Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 725.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 1900

Tax Info

  • Tax Block: 411
  • Tax Lot: 7502
  • Tax Annual: 16536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 8, 2023
Sold by
Choi Yin Yee Ethel and Choi John Lee
Bought by
Optiquity Les Dragon Fortress Llc
Seller's Agent
Daniel Lee
Compass
List Price
$985,000
Sold Price
$970,000
Premium/Discount to List
-$15,000
-1.52%
Views
483
Current Estimated Value
$1,035,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,838
Avg. Annual Appreciation
2.96%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 7, 2020
Sold by
Sherman Benjamin Charles and Sherman Gemma Rachel
Bought by
Choi Yin Yee Ethel and Lee Dong Jun
Seller's Agent
Crystal Zahedi
Compass
List Price
$925,000
Sold Price
$905,000
Premium/Discount to List
-$20,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Listed on
Jul 25, 2013
Closed on
Nov 21, 2013
Sold by
Kung Angeline
Bought by
Sherman Benjamin Charles and Sherman Gemma Rachel
Seller's Agent
Vickey Barron
Compass
List Price
$800,000
Sold Price
$840,000
Premium/Discount to List
$40,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$626,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
157 Ludlow Llc and % As Realty Partners
Bought by
Kung Angeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Optiquity Les Dragon Fortress Llc $970,000 --
Choi Yin Yee Ethel $905,000 --
Sherman Benjamin Charles $840,000 --
Kung Angeline $565,129 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Benjamin Charles $626,000
Previous Owner Kung Angeline $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $970,000 -1.5% --
08/02/2023 08/02/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $985,000 +8.8% --
10/07/2020 10/07/20 Sold $905,000 -2.2% $1,247 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $925,000 0.0% $1,274 / Sq Ft
09/21/2018 09/21/18 Rented -- -- --
08/22/2018 08/22/18 Under Contract -- -- --
08/05/2018 08/05/18 For Rent $4,050 0.0% --
11/21/2013 11/21/13 Sold $840,000 +5.0% $1,157 / Sq Ft View Prior Sale
10/22/2013 10/22/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $800,000 -- $1,102 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,842 $126,735 $16,047 $110,688
2024 $17,842 $142,717 $16,047 $126,670
2023 $14,107 $141,807 $16,047 $125,760
2022 $13,839 $156,865 $16,047 $140,818
2021 $15,602 $140,376 $16,047 $124,329
2020 $12,610 $154,217 $16,047 $138,170
2019 $11,871 $141,218 $16,047 $125,171
2018 $12,687 $121,480 $16,047 $105,433
2017 $11,455 $105,633 $16,047 $89,586
2016 $10,574 $108,561 $16,047 $92,514
2015 $5,734 $101,139 $16,047 $85,092
2014 $5,734 $90,147 $16,047 $74,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Lee

    Seller's Agent in 2023

    Daniel Lee

    Compass

    (732) 910-3204

    1 in this area

    2 Total Sales

    Daniel Lee
    Section Image
  • Crystal Zahedi

    Seller's Agent in 2020

    Crystal Zahedi

    Compass

    (617) 817-6717

    1 in this area

    23 Total Sales

    Crystal Zahedi
    Section Image
  • Joshua Lieberman

    Seller Co-Listing Agent in 2020

    Joshua Lieberman

    Douglas Elliman Real Estate

    (917) 414-8280

    35 Total Sales

    Joshua Lieberman
    Section Image
  • Vickey Barron

    Seller's Agent in 2013

    Vickey Barron

    Compass

    (646) 960-6183

    80 Total Sales

    Vickey Barron
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10892202

Real Estate Board of New York (REBNY)

APN: 0411-1206

New York New York County New York 10002 Lower East Side

157 Ludlow St Unit 4F, New York, NY

Not Listed for Sale

Condos

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