$7,100,000
Updated 8 years ago
Sold

38 Ludlow Street

Lower East Side, Manhattan | Grand Street & Hester Street

1 Room5 Beds4 Baths7,350 Square FeetRental Property

$7,100,000
floors / apts5 / 16
Lot Size25'x87'5"
ZoneC6-2
Building TypeLow-Rise
RE Taxes$61,173
Price Per SF
$966

This property was sold for $7,100,000 on 05/09/18.

Building Amenities

  • Voice Intercom

Property Description for 38 Ludlow Street

> Five-story mixed-use building located on the east side of Ludlow Street between Grand and Hester Streets. > The property is built 25-feet wide and consists of two ground floor retail spaces with sixteen apartments above. > Located across from PS 42 Benjamin Altman Elementary School, one block from Seward Park, and only a few blocks from the F train at East Broadway, the J, M Z trains at Essex/Delancey, and the B, D trains at Grand Street. > The property is in the heart of the Essex Crossing mixed-use development project that will transform the neighborhood.

Listing History for 38 Ludlow Street

Now
05/09/2018
$7,100,000
Sold and Closed by Yesim Ak
Compass
05/09/2018
Contract Signed by Yesim Ak
Compass

Building Details for 38 Ludlow Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts5/16
Learn More About the Building

Transit and Citi Bike

Subway

East Broadway
0.16 miles
Delancey St-Essex St
0.21 miles
Grand St
0.24 miles
Bowery
0.35 miles

Citi Bike

Allen St & Hester St
0.09 miles
Orchard St & Grand St
0.09 miles

Contact Agent

Contact Agent

Yesim Ak
Compass

Lower East Side | Manhattan

Quick Profile

Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.

The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past. 

While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 71903TH