Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,575,000

· Closed November 12, 2024

56 LUDLOW Street #4THFLOOR
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Closed For Sale Rental

$1,575,000

$881 per sq ft

56 LUDLOW Street #4THFLOOR

Lower East Side, Manhattan

MLS® #RLS10984749

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 $2,500/mo
Neighborhood Lower East Side
Floor 4 of 5

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Fireplace: 1 fireplace

Property Details

Type Rental
Ownership Rental Building
Total Rooms 4
Baths 2 Full
Floor 4 of 5
View City
Exposure East,West
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

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

Smoke Free Building Other Washer Hookup In Unit Fireplace (1)

Exterior Features

None

Building Information

Total Units 5
Stories 5
Style WalkUp

Financial Details

Common Charges $2,500/mo
Original Price $1,795,000
Sale Price $1,575,000
Previous Price $1,650,000

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

106

Median Asking Price

$1.10M

Median $/Sqft

$1,242

Avg Days on Market

N/A

New This Week

5

Price Reduced

37%

Sold (30 Days)

9

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 3/23/26, 4:23 PM EST

Similar Listings in Lower East Side

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Location

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56 LUDLOW Street #4THFLOOR, Lower East Side, New York County

Floor Plans

Floor Plan
Floor Plan
MLS® ID: RLS10984749
First Listed: 5/22/2024
On Market: 5/22/2024
Price Changed: 11/12/2024
Closed: 11/12/2024
Contract Date: 5/22/2024

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.

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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 3/23/2026 at 8:23 PM UTC

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