157 Ludlow

157 Ludlow is a condo located 157 Ludlow Street, in Lower East Side, New York. The building was first built in 1900 and is 124 years old. It was first renovated and altered in 2005. But was most recently renovated and altered in 2005. The lot that the building was built on is 25 feet wide and 88 feet long. The official lot area is listed as 2,188 square feet. In total, 157 Ludlow Street has a total floor area of 10,611 square feet. Of that, 8,723 square feet are used for residential purposes. About 1,888 square feet of the building are used for commercial purposes. There are a total of 11 units. Of those, 10 are residential units. There are 1 commercial units. 157 Ludlow Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 32 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 97 days and tend to sell below the original asking price of $910,000 by 0.84%. Meaning, listings tend to sell at a median of $1,125 price per square foot. The transaction that took the longest to complete was unit PHF, listed on Sep 15, 2015 for $1,795,000. This particular unit ultimately sold 302 days later for $1,780,000. The most recent transaction was for unit 1, sold for $2,100,000 on Oct 31, 2023. Fun fact, the oldest transaction we have on record took place on Jul 31, 1995. See the full transaction history for 157 Ludlow below.

Lower East Side, where 157 Ludlow Street is located, has a median asking price of $2,150,000 for condo buildings. Meanwhile, the building itself has a median asking price of $910,000. For interested buyers, that means the building's median asking price is around 0.58% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.