SOLD FOR $1,575,000
· Closed November 12, 2024
56 LUDLOW Street #4THFLOOR
MLS® #RLS10984749
Listing by Corcoran Group
3
Bedrooms
2
Baths
1,788
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,West facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 22, 2024 | $1,795,000 | - |
| Price Reduced | Nov 12, 2024 | $1,650,000 | -8.1% |
| Currently | May 3, 2026 | $1,575,000 | -4.5% |
Description
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!
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Lower East Side
View All Lower East Side ListingsThe Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.
Lower East Side Live Market Data
View NeighborhoodActive Listings
113
Median Asking Price
$1.27M
Median $/Sqft
$1,407
Avg Days on Market
N/A
New This Week
11
Price Reduced
29%
Sold (30 Days)
4
Median Sale Price
$1.12M
Live data from RLS at REBNY • Updated 5/3/26, 9:06 AM EST
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Location
56 LUDLOW Street #4THFLOOR, Lower East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,500 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 3 bedrooms and 2 full bathrooms.
The listed interior living area is 1,788 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1900, making it approximately 126 years old.
This listing is RentalBuilding
Pets are permitted at this property: case by case,Building Pets Allowed Comments:case by case. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,575,000 for 1,788 sq ft, the asking price per square foot is approximately $881. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Sheri Terry
Listing Contact: (917) 541-3086
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/3/2026 at 1:06 PM UTC