In Contract
Share Listing
Save Listing
56 Ludlow Street #4THFLOOR
Coop in Lower East Side •  building info
3bd • 2ba • 1,788ft² $923 per ft²
List Price

$1,650,000

Key Details
Days on market
138
Last price change
loading...
Estimated payment
$10,843
Monthly taxes
N/A
Monthly maintenance
$2,500
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!

Read Less

Important Stuff
Washer/Dryer in unit
Listing Amenities
City View
Fireplace
Building Amenities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,650,000
Asking Price: $1,650,000
Term
30 Years
Down Payment
$330,000 (20%)
Min: 20% (330,000)
Rate
6.5 %
Mortgage Amount
$1,320,000
Mortgage Payment
$8,343
Maintenance
$2,500
Estimated closing cost
$24,000
Total monthly cost $10,843
Listing Courtesy of Corcoran Group

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.