Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,100,000

· Closed April 7, 2020

38 Ludlow Street

$7,100,000

$966 per sq ft

38 Ludlow Street

Chinatown, Manhattan

MLS® #RLS10606408

RLS at REBNY

Listing by Compass

5

Bedrooms

4

Baths

7,350

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 7,350 sq ft
Year Built 1910
Neighborhood Chinatown

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Single Family Residence
Total Rooms 1
Baths 4 Full
Pets CatsOk, Yes
Cross Street Grand Street/Hester Street
Year Built 1910
Living Area 7,350 sq ft
Architectural Style Prewar
Parcel # 0310-0003
Block/Lot 310/3

Listing History

Event Date Price Change
Listed Dec 26, 2017 $7,100,000 -
Currently May 17, 2026 $7,100,000 -

Description

> 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.

Building Information

Chinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongside newer condominium developments and the 44-story Confucius Plaza residential tower. Columbus Park, one of the city's earliest public parks, and the 7.8-acre Sara D. Roosevelt Park provide open green space along the neighborhood's edges.

Chinatown Live Market Data

View Neighborhood

Active Listings

21

Median Asking Price

$2.19M

Median $/Sqft

$1,928

Avg Days on Market

N/A

New This Week

1

Price Reduced

62%

Sold (30 Days)

0

Median Sale Price

$413K

Live data from RLS at REBNY • Updated 5/17/26, 8:36 AM EST

Recently Sold in Chinatown

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Location

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38 Ludlow Street, Chinatown, New York County • Near Grand Street/Hester Street

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
5
Floors
16
Residential Units
C6-2
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,025,100
Land Value: $150,750
Exemptions: $0

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

Lot Area: 2,209 SF
Building Area: 7,350 SF
Built FAR: 3.33
Allowed FAR: 6.02

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

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 7,350 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $7,100,000 for 7,350 sq ft, the asking price per square foot is approximately $966. 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: RLS10606408
First Listed: 12/26/2017
Closed: 4/7/2020
Contract Date: 12/22/2017

Listing Courtesy of Compass - Yesim Ak

Listing Contact: (917) 519-5185

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 5/17/2026 at 12:36 PM UTC

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