$1,575,000
SOLD NOV 12, 2024
3 Beds
2 Baths
1,788 Sq Ft
1900 Built

Recently Sold

$881 Per Sq Ft

12% Below List Price

130 Days on Market

Highlights

  • City View
  • 3-minute walk to East Broadway
  • 4-minute walk to Captain Jacob Joseph Playground
  • P.S. 42 Benjamin Altman Rated A
  • Window Unit Cooling System

About This Home

As of November 2024

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 also comes 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 is currently a share with month to month tenants. It can be delivered vacant near closing. Monthlies are $2500. There is basement bike storage. 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!

Last Agent to Sell the Property

Sheri Terry

Corcoran Group License #10401327648

Corcoran Group

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

HOA Fees

  • $2,500 Monthly HOA Fees

Interior Spaces

  • 1,788 Sq Ft Home
  • Decorative Fireplace
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Window Unit Cooling System

Community Details

  • 5 Units
  • Lower East Side Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 0012 / 00310

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

HOA Fees

$2,500 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Architectural Style: Walk-Up
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Pets No Pets Comments: case by case,Building Pets Allowed Comments:case by case
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1788.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2500.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Rental Building
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 5
  • Year Built: 1900

Tax Info

  • Tax Block: 00310
  • Tax Lot: 0012

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $1,575,000 -4.5% $881 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $1,650,000 -8.1% $923 / Sq Ft
05/22/2024 05/22/24 For Sale $1,795,000 0.0% $1,004 / Sq Ft
12/19/2023 12/19/23 Rented $3,300 0.0% --
12/19/2023 12/19/23 Under Contract -- -- --
12/12/2023 12/12/23 For Rent $3,300 -2.9% --
08/28/2020 08/28/20 Rented -- -- --
07/29/2020 07/29/20 Under Contract -- -- --
05/03/2010 05/03/10 For Rent $3,400 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10984749

Real Estate Board of New York (REBNY)