Milton Coste

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Under Contract – Backup offers may be accepted

56 LUDLOW Street #3RDFLOOR
Pending For Sale Rental

$1,490,000

$833 per sq ft

56 LUDLOW Street #3RDFLOOR

Lower East Side, Manhattan

MLS® #RLS20045396

RLS at REBNY

Listing by Corcoran Group

3

Bedrooms

2

Baths

1,788

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,788 sq ft
Year Built 1900
Ownership RentalBuilding
HOA/Common Charges $2,900/mo
Neighborhood Lower East Side
Floor 3 of 5

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Climate Control: Window Units

Property Details

Type Rental
Ownership Rental Building
Total Rooms 5
Baths 2 Full
Floor 3 of 5
View Other
Cooling Window Units
Pets SizeLimit, Yes
Year Built 1900
Living Area 1,788 sq ft
Architectural Style WalkUp
Basement Other
Block/Lot 00310/0012

Description

56 Ludlow Street, 3rd Floor - A Storied Loft in the Heart of the Lower East Side
Where you make your LES loft dreams come true!

Welcome to 56 Ludlow - an iconic, turn-of-the-century co-op that has long served as a sanctuary for artists, musicians, and visionaries. Built in 1900 and lovingly restored by it's current owners, this historic building is heralded as the birthplace of the Velvet Underground. To this day it continues to offer a rare, authentic artist loft experience in one of Manhattan's most dynamic neighborhoods.

At 25 ft. wide by 75 ft. long, the 3rd floor loft offers you and your architect a blank canvas for your imagination. With tons of raw potential and original charm, this space will easily accommodate 3 bed 3 bath floor plan. It's shares also conveys approximately 450 sq. ft. of undeveloped, private rooftop space, and nearly 100 sq. ft. of private basement storage.  
The 3rd floor is currently tenant occupied, but can be delivered vacant near closing. Monthlies are $2900/mo. with a $400/mo assessment through December 2025. Basement bike storage is permissible at this time. The building also allows washer/dryers and pets upon approval.

The building is intimate and community-minded. Located on a quiet tree-lined block, it's a peaceful retreat in the heart of the bustling Lower East Side. That said, it's only moments from legendary galleries, Michelin starred restaurants, nightlife, and culture.  56 Ludlow is more than a home - it's a part of New York City's story. Come write your next chapter here.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Total Units 5
Stories 5
Style WalkUp

Financial Details

Common Charges $2,900/mo

The Lower East Side (LES) is a neighborhood where New York’s gritty history meets its high-end future. Known for its legendary nightlife and deep immigrant 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

104

Median Asking Price

$1.15M

Median $/Sqft

$1,278

Avg Days on Market

N/A

New This Week

5

Price Reduced

37%

Sold (30 Days)

6

Median Sale Price

$999K

Live data from RLS at REBNY • Updated 3/1/26, 1:10 PM EST

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Location

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56 LUDLOW Street #3RDFLOOR, Lower East Side, New York County

MLS® ID: RLS20045396
First Listed: 9/2/2025
On Market: 10/1/2025
Price Changed: 9/2/2025
Pending Since: 10/14/2025
Contract Date: 9/2/2025

Listing 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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/1/2026 at 6:10 PM UTC

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