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56 Ludlow Street 3RDFLOORNew York, NY 10002

For Sale

$1,490,000

Smart Buyer Rebate $18,625

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

Fees

  • Association Fee: $2,900.00 Monthly

Exterior

Construction

  • Number Of Units Total: 5
  • Property Condition: Good Condition
  • Stories Total: 5
  • Year Built: 1900
  • Entry Level: 3

Interior

Measurements

  • Living Area: 1,788
  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lower East Side
  • Tax Block: 00310
  • Tax Lot: 0012

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.