$1,575,000
Updated 2 years ago
Sold

56 Ludlow Street, 4-FLR

Chinatown, Manhattan | Hester Street & Grand Street

5 Rooms2 Beds2 Baths1,788 Square FeetCo-op

$1,575,000
Maintenance$2,500
Price Per SF
$881

This property was sold for $1,575,000 on 11/12/24.

Listing Features

  • Corner Apartment
  • Deco Fireplace
  • Entry Foyer
  • Exposed Brick
  • Floor-Through
  • Full Floor
  • High Ceilings [9.5']
  • Home Office
  • Penthouse/Top Flr
  • Private Elevator
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • Dishwasher

Outdoor space and views

  • Private Roof [450 SF]
  • City Views
  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Voice Intercom

Policies

  • No Pets

Property Description for 56 Ludlow Street, 4-FLR

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!

Listing History for 56 Ludlow Street, 4-FLR

Now
11/12/2024
$1,575,000
Sold and Closed by Sheri Terry
Corcoran
09/30/2024
Contract Signed by Sheri Terry
Corcoran

Building Details for 56 Ludlow Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

Delancey St-Essex St
0.17 miles
East Broadway
0.2 miles
Grand St
0.23 miles
Bowery
0.33 miles
2 Av
0.47 miles

Citi Bike

Orchard St & Grand St
0.06 miles
Norfolk St & Broome St
0.11 miles

Contact Agent

Contact Agent

Sheri Terry
Corcoran

Chinatown | Manhattan

Quick Profile

The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.

Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.

Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites. 

Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying. 

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: 140744