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.
Listed by Sheri Terry
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License #10401327648
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Corcoran Group
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(917) 541-3086
Last updated September 07, 2025
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Source: REBNY #RLS20045396
Listing Facts
TypeSingle-family
NeighborhoodChinatown
Bedrooms3
Bathrooms2
Days on Prevu6
HOA/Maint. Fees$2,900/month
Size1,788 sqft
Price per sqft$833
Amenities
Private Outdoor Space
Pets Allowed
Location
Mortgage Calculator
Listing History
09/02/2025
Listed by Corcoran Group
$1,490,000
Estimated Closing Costs
Total
$54,051
Attorney Fees
$4,000
NYC Mansion Tax
$14,900
Title Insurance
$6,705
Bank Attorney
$1,500
Mortgage Recording Tax
$22,946
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,490,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 56 Ludlow Street 3RDFLOOR
Association
Amenities
Pets Allowed: Building Size Limit, Building Yes, Size Limit, Yes
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.