---
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. 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"
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

## At a Glance

- **Listing Price**: $1,945,000
- **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 (10)

![179 Ludlow Street #5, New York City, NY 10002 — photo 1 of 10](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 10](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 10](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 10](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 10](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 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c464d444-6cfa-4d03-9604-d261ed9514d7.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f0ca08e-3a6e-48a9-bd94-03ec2b26f115.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3eba0686-d5d2-47c2-9274-ebcb4152a319.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/51a4f7a5-066b-4992-8114-4566dfc63c2f.jpg)
![179 Ludlow Street #5, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60a758e6-1a27-4336-a29f-69899023b62b.jpg)

## Property Overview

Be the first to enjoy this stunning brand-new renovation. Thoughtfully redesigned throughout, the home features custom white oak cabinetry in the kitchen and both bathrooms, complete with soft-close doors and drawers, new oak hardwood flooring, designer lighting, updated medicine cabinets, and all-new fixtures. Impeccably finished and move-in ready, this pristine residence offers a rare opportunity to own a turnkey loft in one of Manhattan's most vibrant neighborhoods.

Arrive directly into your home via a key-fob elevator that opens to this expansive full-floor loft. Floor-to-ceiling windows flood the space with natural light and frame classic city views from every room. This exceptional two-bedroom, two-bathroom condominium also offers two private balconies, seamlessly blending indoor and outdoor living.

Designed for both everyday living and entertaining, the chef's kitchen is outfitted with premium Viking appliances, custom cabinetry, and an oversized island that serves as the centerpiece of the home. The serene primary suite features a windowed spa-like bathroom with a steam shower and radiant heated floors. Additional conveniences include a washer/dryer, electric shades throughout, and a private storage locker that transfers with the sale.  Photos are virtually staged.

This intimate six-residence boutique condominium offers video intercom security and a highly desirable location at the crossroads of the Lower East Side, Nolita, and the East Village. World-class dining, shopping, and nightlife are moments away, with convenient access to the F, J, M, Z, B, D, and 6 trains, as well as the M15 SBS, making transportation throughout the city effortless.

## 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**: 155 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

## Sales Evidence

### Recent closed sales

2 apartments at 179 Ludlow Street have recorded sales since September 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

The median closed price for comparable condo two-bedroom sales in Lower East Side is $1,825,000, based on 28 sales between September 2024 and June 2026. This home is asking $1,945,000, $120,000 above that median. The middle half of those sales closed between $1,657,500 and $2,202,500.

- **Median closed price**: $1,825,000
- **Middle half**: $1,657,500 – $2,202,500
- **Based on**: 28 condo two-bedroom sales in Lower East Side
- **Period**: September 2024 – June 2026
- **Median $/ft²**: $1,578/ft²

Across the 26 of these sales with a published asking price, the median closed at 90.2% of what it originally asked. 89% of them closed below the original ask.

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

- **Sold vs original ask**: 90.2% of the original ask
- **Closed below ask**: 89% of 26 sales
- **Listed → in contract**: 77 days (about 11 weeks)
- **In contract → closed**: 59 days (about 8 weeks)

Across the 26 of these sales with a published asking price, the median closed at 90.2% of what it originally asked. 89% of them closed below the original ask.

Half of these homes were in contract within 77 days (about 11 weeks) of coming to market, based on the 24 with a recorded listing date.

Once a deal was agreed, closing took a further 59 days (about 8 weeks), based on the 25 with both dates recorded.

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.

Based on 28 condo two-bedroom sales in Lower East Side, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house two-bedroom sales in Lower East Side, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| 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 | 39 |
| 2023 | $2,291,063 | 27 |
| 2024 | $1,925,000 | 12 |
| 2025 | $2,065,000 | 17 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lower East Side instead.

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
- **Total 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 | 155 days |

## 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.

## 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.