NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $1,773,000

2 Beds
2 Baths
1,069 Sq Ft
$814/mo HOA Fee

Last Sold June 30, 2015

Last sale price $1,905,000 $1,782 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $10,132/month

192 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Lower East Side-2 Avenue
  • Balcony
  • P.S. 110 Florence Nightingale Rated A
  • Pre War Building
  • 1-minute walk to Peretz Square

About This Home

As of June 2015

179 Ludlow Street - www.179Ludlow.com



The full-floor, two bedroom, two bathroom residences offer 1,069 square feet of living space , private elevator access, a front facing Juliette balcony and a rear terrace.

The open kitchens, living and dining rooms provide gracious entertainment space and are accented with

floor-to ceiling windows .

Residences also feature Viking , Bosch and Faber appliances, 9.5" white oak floors, dual zone central A/C and heat, in-unit laundry, custom lighting and a steam shower in the master bath.



Anticipated Occupancy - May 2015



179 Ludlow is the latest addition to one of the Lower East Side's most exciting blocks,179 Ludlow neighbors the

highly anticipated Indigo Hotel and SoHo House, as well as the famed Katz's Delicatessen and the new Ludlow Hotel.

This newly constructed boutique condominium Offers five full-floor, two-bedroom residences and a

dramatic duplex penthouse, all accessible through a private, keyed elevator that opens directly into each home.

The building features a mullioned glass façade and architectural fire escape which were both carefully

considered to embrace the historic charm of Ludlow Street. Large six-foot sliding glass doors,

floor-to-ceiling windows and steel-railed balconies culminate to form an open, elegant and

contemporary design.The residences benefit from generously proportioned living areas, front and rear facing outdoor spaces and multiple sun-filled exposures.

Each homeowner will have the ability to grant guests access to the building and control the

elevator through a remote iPad intercom and video monitoring system.



Home to transformative new developments, popular eateries and world renowned cultural institutions, The Lower East Side boasts and singular, inimitable vibrancy

Fine galleries compliment award-winning restaurants and a variety of nightlife hotspots. Newly opened cafes and boutiques, and generations old eateries allure

the curios visitor to discover more of this exciting and diverse neighborhood.

Located in close proximity to SoHo, NoLita, Little Italy, the Village, Chinatown and Williamsburg, the neighborhood's unique character is apparent in every corner of this highly accessible Manhattan enclave.

Last Agent to Sell the Property

Ariel Tirosh

Douglas Elliman Real Estate License #30TI0896855 Listed on: 11/18/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,816

Year Built

  • Built in 1920 | Newly Remodeled

Lot Details

  • 2,091

HOA Fees

  • $814 Monthly HOA Fees

Home Design

  • 1,069 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • No Cooling

Community Details

  • Loeast Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 412

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,816

Year Built

Built in 1920 | Newly Remodeled

Lot Details

0

HOA Fees

$814 per month

Listing Details

  • Cross Street: Houston St
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: LOEAST
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1069.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 814.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 7
  • Year Built: 1920

Tax Info

  • Tax Block: 412
  • Tax Annual: 12816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Jul 29, 2015
Sold by
179 Ludlow Holding Llc
Bought by
Feheley Jamison
Seller's Agent
Ariel Tirosh
Douglas Elliman Real Estate
List Price
$1,750,000
Sold Price
$1,905,000
Premium/Discount to List
$155,000
8.86%
Current Estimated Value
$1,548,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$356,942
Avg. Annual Appreciation
-2.05%
Original Mortgage
$1,300,000
Outstanding Balance
$1,030,060
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$515,214
Source: Public Records

Range of Values:

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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
Feheley Jamison $1,939,766 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feheley Jamison $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,905,000 +8.9% $1,782 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $1,750,000 -- $1,637 / 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 $9,210 $79,561 $4,258 $75,303
2024 $9,210 $73,668 $11,286 $68,937
2023 $6,971 $68,886 $5,308 $63,578
2022 $6,709 $158,692 $11,286 $147,406
2021 $8,108 $126,973 $11,286 $115,687
2020 $6,298 $123,251 $11,286 $111,965
2019 $5,539 $102,717 $11,286 $91,431
2018 $6,740 $52,989 $6,987 $46,002
2017 $6,503 $51,128 $7,837 $43,291
2016 $6,591 $51,128 $9,798 $41,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10080054

Real Estate Board of New York (REBNY)

APN: 0412-1106