NOT LISTED FOR SALE

Estimated Value: $1,850,000 - $2,334,000

2 Beds
2 Baths
1,650 Sq Ft
1900 Built

Highlights

  • Wood Flooring
  • 2-minute walk to Essex Street
  • Built-In Features
  • P.S. 42 Benjamin Altman Rated A
  • No HOA
  • Breakfast Bar

About This Home

As of July 2024

OPEN HOUSES BY APPOINTMENT ONLY! A spectacularly renovated convertible three-bedroom, two-bathroom condominium loft in mint condition nestled in the vibrant heart of the Lower East Side.

Designed with the discerning entertainer in mind, this apartment seamlessly blends functionality with elegance. Step off the keyed elevator directly into a sprawling living and dining area, crowned by an open chef's kitchen that will leave culinary aficionados spellbound. Featuring top-of-the-line Miele appliances including a vented cooktop and an expansive wine fridge capable of housing over 100 bottles, this kitchen is an epicurean's dream. Ample imported Italian custom cabinetry, including a pull-out pantry and numerous drawers for pots and pans, ensures storage is never a concern. The mind-blowing 20-foot stone countertop offers generous space for casual dining for six, while the additional vast built-in seating behind it adorned with reclaimed wood invites both convivial gatherings and intimate moments.

Privacy is afforded by a discreet frosted glass-paneled pocket door, delineating the plush bedroom quarters from the lively entertaining space. The spacious primary bedroom easily accommodates king-sized furnishings, while its ensuite bathroom is a sanctuary of refined luxury, boasting Fatini fixtures, Carrera marble and subway tiles, a tempered glass enclosed shower stall, a sleek wall-mounted vanity, and a dedicated linen closet. The guest bathroom echoes this opulence with black-and-white penny tiles, Carrera and Nero Marquina marbles, sophisticated Kohler fixtures, and chic black hardware. A sizable laundry room with a vented dryer adds to the convenience of modern living.

The loft's aesthetic is further enhanced by radiant heated floors throughout, ensuring your comfort in every season. The exposed brick walls whisper tales of the city's rich history, while the state-of-the-art sound wiring, recessed lighting, Lutron dimmers, and central air system embody contemporary sophistication. Wide plank, walnut-stained ash floors and customized closets are throughout.

Ascending to the incredible roof deck, residents and guests alike are greeted with breathtaking views of the city skyline - a perfect backdrop for unforgettable moments and serene contemplation. The building's virtual and part-time doorman services provide an additional layer of convenience and security, and basement storage is also included.

71 Ludlow is a stone’s throw from Dimes Square, where upscale newcomers Cervo’s, Parcelle, and the Swan Room meet favorite dives Clandestino, Forgtmenot, and Kiki’s. Classic New York establishments include Russ & Daughters, Kossar’s, Scarr’s, and Katz’s. Get your Australian cafe fix at Dudley’s or Good Thanks; a plethora of stellar coffee options include Vita and Grumpy. Essex Market offers a bespoke solution to all grocery needs, including great lunchtime options for days spent working from home. With the convenience of nearby B/D/F/J/Z subway lines and the M15 bus, the best of the city is within easy reach, making this location not just a place to live, but a lifestyle to be lived.

Last Agent to Rent the Property

Gregory Mire

Compass License #30MI1000085 Listed on: 06/06/2024

Compass

Co-Listed By

Jessica Perrizo

Compass License #10401321940

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1900

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,650 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • Chandelier
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/24
  • Tax Block 00408

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • Lower East Side Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-01

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lower East Side
  • Entry Level: 3
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Breakfast Bar, Built-in Features, Chandelier, Kitchen Island, Recessed Lighting
  • Appliances: Cooktop, Dishwasher, Gas Cooktop, Range Hood, Stainless Steel Appliance(s), Wine Cooler
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1650.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 75.080000x87.500000

Building Info

  • New Construction: No
  • Units: 14
  • Total Stories: 7
  • Year Built: 1900

Tax Info

  • Tax Block: 00408
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2013
Sold by
Dorose Holding Corp
Bought by
Joseph Rowan
Current Estimated Value
$2,148,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Outstanding Balance
$817,128
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,331,409
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
Joseph Rowan $1,527,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Rowan $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Off Market $9,995 -- --
07/21/2024 07/21/24 Under Contract -- -- --
07/21/2024 07/21/24 Rented $9,995 0.0% --
06/06/2024 06/06/24 For Rent $9,995 -- --
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 $29,187 $242,427 $60,417 $182,010
2024 $29,187 $233,457 $60,417 $173,040
2023 $29,834 $243,208 $60,417 $182,791
2022 $27,972 $228,620 $60,417 $168,203
2021 $27,367 $223,097 $60,417 $162,680
2020 $26,875 $247,089 $60,417 $186,672
2019 $25,046 $241,541 $60,417 $181,124
2018 $23,050 $233,108 $60,417 $172,691
2017 $20,638 $197,867 $60,417 $137,450
2016 $19,475 $178,880 $60,417 $118,463
2015 $12,073 $153,219 $60,417 $92,802
2014 $12,073 $143,092 $60,417 $82,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10992458

Real Estate Board of New York (REBNY)

APN: 0408-1006