---
title: "179 Ludlow Street #5, New York City, NY 10002"
description: "179 Ludlow Street #5, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,945,000. Price Reduced: Reduced $50,000 (2.5%) from $1,995,000 on August 17, 2026. 2 bed, 2 bath, 1,069 sqft Illustrative Buyer Commission Share of $29,175 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/179-ludlow-street-5-ny-10002"
source: "Real Estate Rebate Team"
dateModified: "2026-09-27T06:44:57.443Z"
status: "Active"
---

# 179 Ludlow Street #5, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Stephen P Wald Real Estate Associates Inc

Last updated: September 27, 2026, 2:44 AM

## At a Glance

- **Listing Price**: $1,945,000
- **Price Reduced**: Reduced $50,000 (2.5%) from $1,995,000 on August 17, 2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,069
- **Common Charges**: $1,621 / mo
- **Monthly Taxes**: $828 / mo
- **Price per Sqft**: $1,819
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,945,000
- **Illustrative Buyer Commission Share**: -$29,175*
- **Illustrative Net Cost**: $1,915,825

*Illustrative Buyer Savings of $29,175 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (9)

![179 Ludlow Street #5, New York City, NY 10002 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/20457375-cdea-434c-b753-1c970cf33700.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b05fd28-b8cb-4285-a6df-8263323f2ce0.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e47fa445-8e99-499a-9005-f375a13c8f59.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d4e524d-b744-46b5-bdaf-76cc2a5f7bfc.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92893441-a174-49af-9989-83cfca813a36.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa4835b0-e9c1-4306-96b5-1fbfa852df0a.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/887a1d02-b9fa-4395-aa76-b22643e50c79.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8bdf1b79-3944-402f-8f78-9364e8efb2f1.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1252391-d7be-49c8-a04c-4230781cd992.jpg)

## Property Overview

A PRIVATE FULL-FLOOR LOFT IN THE HEART OF THE LOWER EAST SIDE

Step directly from the keyed elevator into your own full-floor residence at 179 Ludlow Street, an intimate boutique condominium in one of Downtown Manhattan's most dynamic locations.

Floor-to-ceiling windows fill this expansive two-bedroom, two-bathroom home with natural light and frame open city views, while private outdoor spaces at both ends of the residence create a rare indoor-outdoor living experience.  Recently completed, the brand-new renovation brings a warm, sophisticated finish to the loft. Custom white oak cabinetry anchors the kitchen and both bathrooms, complemented by new oak hardwood flooring, designer lighting and thoughtfully selected fixtures throughout. The open kitchen has a substantial island providing generous prep space, storage and seating. The gracious primary suite features a beautifully finished windowed bathroom with radiant-heated floors and a steam shower. A well-proportioned second bedroom and second full bath provide flexibility for guests, family or a dedicated home office. Additional conveniences include an in-unit washer/dryer, central air, electric shades throughout and a private storage locker that transfers with the apartment.

179 Ludlow Street is a boutique condominium of just six residences, offering the privacy and intimacy increasingly difficult to find in Downtown Manhattan. Located at the crossroads of the Lower East Side, East Village and Nolita, the apartment is surrounded by some of the city's best restaurants, nightlife, shopping and cultural destinations, with the F train less than 500 feet away and the J/M/Z, B/D and 6 trains all nearby.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 1,069 sqft
- **Stories**: 7
- **Year Built**: 2014
- **Price per Sqft**: $1,819
- **Common Charges**: $1,621.34 / Monthly
- **Monthly Taxes**: $828 / mo
- **Listed On**: Apr 10, 2026
- **Days on Market**: 176 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- In Unit
- Building Storage
- Balcony
- Juliet Balcony
- Private Outdoor Space Under 60 Sqft
- Entrance Foyer
- Dryer
- Washer
- City

## Estimated Monthly Payment

**$12,285 / month**, assuming a 20% down payment ($389,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,835
- **Property Taxes**: $828
- **Common Charges**: $1,621

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

2 apartments at 179 Ludlow Street have recorded sales since October 2021, the most recent for $1,850,000 in February 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 2 (Apartment) | 2 | 1,073 | $1,850,000 | $1,724/ft² | February 12, 2026 | City record · MLS |
| 3 (Apartment) | 2 | 1,069 | $1,850,000 | $1,731/ft² | June 2, 2022 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $1,945,000
- **Median sold price**: $1,840,000
- **Difference**: +$105,000 (+5.7%)
- **This home, $/ft²**: $1,819
- **Median $/ft²**: $1,581
- **Comparable sales**: 27
- **Sales from**: October 2024 – August 2026
- **Middle half of those sales**: $1,675,000 – $2,250,000

Based on condo two-bedroom sales in Lower East Side.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lower East Side instead.

### How these sales were negotiated

- **Sale-to-list price**: 90.2% (25 sales)
- **Sold below asking**: 88% (25 sales)
- **Typical time to find a buyer**: 75 days (23 sales)
- **Typical time to close**: 58 days (25 sales)

Based on condo two-bedroom sales in Lower East Side with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, condo and house two-bedroom sales in Lower East Side

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $1,968,750 | 17 |
| 2018 | $2,512,500 | 39 |
| 2019 | $2,415,399 | 28 |
| 2021 | $1,985,756 | 22 |
| 2022 | $2,475,000 | 38 |
| 2023 | $2,330,532 | 26 |
| 2024 | $1,925,000 | 12 |
| 2025 | $2,065,000 | 17 |
| 2026 YTD | $1,695,228 | 10 |

Based on recorded condo and house two-bedroom sales in Lower East Side. 2026 is year-to-date.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 179 Ludlow Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/179-ludlow-street)

## Price and Property History for 179 Ludlow Street, Unit 5

Review the recorded listing activity for 179 Ludlow Street, Unit 5, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 2.5%, on August 17, 2026
- **Originally listed**: April 10, 2026 at $1,995,000
- **Current asking price**: $1,945,000

| Date | Price | Listing event |
| --- | --- | --- |
| August 17, 2026 | $1,945,000 | Asking price reduced by $50,000, or 2.5% |
| August 13, 2026 | $1,995,000 | Listing removed from the market |
| July 28, 2026 | $1,995,000 | Asking price reduced by $50,000, or 2.4% |
| April 10, 2026 | $1,995,000 | Listed for sale by Stephen P Wald Real Estate Associates Inc |

## Property Tax History

Taxes at 179 Ludlow Street #5 were $10,741 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $253,045 | $11,286 | $241,759 | $85,926 | $10,741 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $210,892 | $11,286 | $199,606 | $79,561 | $9,945 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $175,748 | $11,286 | $164,462 | $73,668 | $9,209 | 12.5% |
| 2023 (FY 2023/24) | $146,457 | $11,286 | $135,171 | $68,886 | $8,612 | 12.502% |
| 2022 (FY 2022/23) | $158,692 | $11,286 | $147,406 | $66,466 | $8,153 | 12.267% |
| 2021 (FY 2021/22) | $126,973 | $11,286 | $115,687 | $66,097 | $8,087 | 12.235% |
| 2020 (FY 2020/21) | $123,251 | $11,286 | $111,965 | $61,201 | $7,508 | 12.267% |
| 2019 (FY 2019/20) | $102,717 | $11,286 | $91,431 | $56,668 | $7,068 | 12.473% |
| 2018 (FY 2018/19) | $52,989 | — | — | $52,989 | $6,683 | 12.612% |
| 2017 (FY 2017/18) | $51,128 | — | — | $51,128 | $6,503 | 12.719% |
| 2016 (FY 2016/17) | $51,128 | — | — | $51,128 | $6,591 | 12.892% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1004121105. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 179 Ludlow Street

179 Ludlow Street, New York, NY 10002

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2014
- **Active Units**: 1
- **Floors**: 7

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/179-ludlow-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/179-ludlow-street-5-ny-10002) | 2 | 2 | 1,069 sqft | $1,819 | $1,945,000 (-2.5%) | Stephen P Wald Real Estate Associates Inc | Apr 10, 2026 | 176 days |

## Lower East Side

Overview of Lower East Side

[Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Lower East Side

- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [179 Ludlow Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/179-ludlow-street)
- [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.