---
title: "56 LUDLOW Street #3RDFLOOR, New York City, NY 10002"
description: "56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,490,000. In contract 10/14/2025. 3 bed, 2 bath, 1,788 sqft Illustrative Buyer Commission Share of $22,350 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/56-ludlow-street-rdfloor-3RDFLOOR-ny-10002"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 56 LUDLOW Street #3RDFLOOR, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $1,490,000
- **Status**: In contract 10/14/2025
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Baths**: 2
- **Sqft**: 1,788
- **Common Charges**: $2,900 / mo
- **Price per Sqft**: $833
- **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**: $1,490,000
- **Illustrative Buyer Commission Share**: -$22,350*
- **Illustrative Net Cost**: $1,467,650

*Illustrative Buyer Savings of $22,350 — 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)

![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5cf71a8b-d1cb-468c-a437-3034b11ea63e.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/76dd03f8-1531-40e4-9299-81a0068fcee8.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/929fb4eb-366d-4298-b537-0b22f5a530e9.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52956d67-1492-4b27-a4b5-fe4ca0965796.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e886cb93-3585-41b5-a6db-e1082fefdef5.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79a1aec4-d1d8-4f8d-ad3b-29d69691b15b.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97a74863-dcfc-49d4-bdd6-a27e811fbb0b.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3e2f3f9-7fcc-4a6d-a293-a1b5d59d50bc.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd0488ab-6d5c-41a4-a3d3-d300a112ab6e.jpg)
![56 LUDLOW Street #3RDFLOOR, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/656631c7-6912-4541-87de-a2e5933c8735.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Apartment
- **Beds**: 3
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,788 sqft
- **Stories**: 5
- **Year Built**: 1900
- **Price per Sqft**: $833
- **Common Charges**: $2,900 / Monthly
- **Listed On**: Mar 31, 2026
- **Days on Market**: 170 Days

### Residence Features

- Window Unit(s)
- Building Other
- Washer Hookup
- In Unit
- Private Outdoor Space Over 60 Sqft

## Estimated Monthly Payment

**$10,434 / month**, assuming a 20% down payment ($298,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,534
- **Common Charges**: $2,900

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

## Sales and market data

### Recent sales

One apartment at 56 LUDLOW Street has a recorded sale since September 2021, the most recent for $1,575,000 in November 2024. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 4TH (Apartment) | 3 | 1,788 | $1,575,000 | $881/ft² | November 12, 2024 | 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.

Sales data through November 2024.

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 56 LUDLOW Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-ludlow-street)

## Price and Property History for 56 LUDLOW Street, Unit 3RDFLOOR

Review the recorded listing activity for 56 LUDLOW Street, Unit 3RDFLOOR, including asking-price changes and prior market dates.

- **Entered contract**: October 14, 2025

| Date | Price | Listing event |
| --- | --- | --- |
| October 14, 2025 | $1,490,000 | Entered contract |
| September 2, 2025 | $1,490,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 56 LUDLOW Street #3RDFLOOR were $71,863 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $2,225,700 | $866,250 | $1,359,450 | $574,904 | $71,863 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $2,110,950 | $866,250 | $1,244,700 | $532,320 | $66,540 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $1,979,100 | $866,250 | $1,112,850 | $492,890 | $61,611 | 12.5% |
| 2023 (FY 2023/24) | $1,649,250 | $866,250 | $783,000 | $492,890 | $61,621 | 12.502% |
| 2022 (FY 2022/23) | $1,786,500 | $866,250 | $920,250 | $477,611 | $58,589 | 12.267% |
| 2021 (FY 2021/22) | $1,748,700 | $866,250 | $882,450 | $442,234 | $54,107 | 12.235% |
| 2020 (FY 2020/21) | $1,880,100 | $866,250 | $1,013,850 | $409,477 | $50,231 | 12.267% |
| 2019 (FY 2019/20) | $1,597,860 | $866,250 | $731,610 | $379,146 | $47,291 | 12.473% |
| 2018 (FY 2018/19) | $379,146 | — | — | $379,146 | $47,818 | 12.612% |
| 2017 (FY 2017/18) | $367,393 | — | — | $367,393 | $46,729 | 12.719% |
| 2016 (FY 2016/17) | $340,180 | — | — | $340,180 | $43,856 | 12.892% |
| 2015 (FY 2015/16) | $314,982 | — | — | $314,982 | $40,579 | 12.883% |
| 2014 (FY 2014/15) | $291,651 | — | — | $291,651 | $37,492 | 12.855% |
| 2013 (FY 2013/14) | $291,651 | — | — | $291,651 | $38,338 | 13.145% |
| 2012 (FY 2012/13) | $282,610 | — | — | $282,610 | $37,251 | 13.181% |
| 2011 (FY 2011/12) | $261,677 | — | — | $261,677 | $35,151 | 13.433% |
| 2010 (FY 2010/11) | $242,294 | — | — | $242,294 | $32,354 | 13.353% |

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 1003100012. 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

### 56 LUDLOW Street

56 LUDLOW Street, New York, NY 10002

A building in the neighborhood, currently featuring 0 active listings.

- **Year Built**: 1900
- **Active Units**: 0
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-ludlow-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3RDFLOOR](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/56-ludlow-street-rdfloor-3RDFLOOR-ny-10002) | 3 | 2 | 1,788 sqft | $833 | $1,490,000 — In contract | Corcoran Group | Mar 31, 2026 | 169 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)

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## Related Links

- [56 LUDLOW Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-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.