Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,850,000

· Closed January 2, 2025

71 Ludlow Street #4B
Closed For Sale Condo

$2,850,000

$1,265 per sq ft

71 Ludlow Street #4B

Lower East Side, Manhattan

MLS® #RLS11006360

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,253

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,253 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,963/mo
Property Taxes $37,260/yr
Neighborhood Lower East Side
Floor 4 of 7

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full, 1 Half
Floor 4 of 7
Exposure East,West
Cooling Central Air
Pets Yes
Year Built 1900
Living Area 2,253 sq ft
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0408-1009
Block/Lot 00408/1009

Listing History

Event Date Price Change
Listed Sep 4, 2024 $2,995,000 -
Currently May 3, 2026 $2,850,000 -4.8%

Description

Residence 4B at 71 Ludlow Street is a spacious and sunny loft on the Lower East Side with an expansive floor plan. The home includes three bedrooms and two-and-a-half bathrooms across 2,253 square feet, plus a spacious private roof terrace. On the main level, a private keyed elevator opens directly into an east facing great room, framed by custom-built floor-to-ceiling oak bookshelves. Ceilings over 12’ high amplify the volume of space, while eastern and western exposures draw abundant natural light throughout the day. The open layout of the main floor is lofty and allows for a variety of configurations, ideal for flexible space. The kitchen is large, open and modern, complete with Bosch appliances, custom Italian cabinetry finished in high gloss polyester lacquer, and a central island topped with Italian Carrara marble. On the west end of the main level, the principal bedroom is tucked away, quiet and private. A generous dressing room leads into the primary bath, which features radiant heat gray slate floors. The upper level, accessible via a considered spiral staircase, includes two additional bedrooms plus a shared bathroom. The crown of the home is a lovely private roof terrace. A restful and inspiring spot for enjoying morning coffee, cultivating a garden, or simply gazing at the sky and forgetting the city below. At 650 square feet, the terrace offers ample space for multiple seating areas and includes access to water and electricity. Additional amenities include in-unit laundry, central air conditioning, and 7” plank Siberian oak flooring throughout. The Ludlow Lofts is a condominium building of 13 residential units and 1 commercial unit, located on Ludlow Street between Broome and Grand Streets. Residents benefit from a part-time doorman and weekday superintendent, along with a package room, bike storage, and a common roof deck. The neighborhood is thriving with dining and entertainment options that are both familiar and fresh, local spots include Katz’s Deli, Russ & Daughters, Essex Market, and Orchard Grocer, and Ludlow House. Convenient access to the B/D/F/J/Z subway lines and the M15 bus for easy transportation. Taxes reflect the amount after the NYC Co-op/Condo Abatement.

Features & Amenities

Interior Features

Built In Features Eat In Kitchen High Ceilings Kitchen Island Common On Floor Common Area In Unit

Exterior Features

Terrace

Appliances

Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 14
Stories 7
Structure MixedUse

Financial Details

Common Charges $1,963/mo
RE Taxes $37,260/yr ($3,105/mo)
Original Price $2,995,000
Sale Price $2,850,000
Previous Price $2,995,000

The 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 Neighborhood

Active 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, 7:39 AM EST

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Location

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71 Ludlow Street #4B, Lower East Side, New York County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
7
Floors
13
Residential Units
C4-4A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $5,502,990
Land Value: $1,102,502
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,569 SF
Building Area: 28,802 SF
Built FAR: 4.38
Allowed FAR: 4

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,963 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $37,260, or roughly $3,105 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,253 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 a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $2,850,000 for 2,253 sq ft, the asking price per square foot is approximately $1,265. 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) 416-7433
MLS® ID: RLS11006360
First Listed: 9/4/2024
On Market: 9/4/2024
Price Changed: 1/2/2025
Closed: 1/2/2025
Contract Date: 7/31/2024

Listing Courtesy of Compass - Nicholas Gavin

Listing Contact: (646) 610-3055

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/3/2026 at 11:39 AM UTC

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