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Manhattan / Lower East Side / 10002

173 LUDLOW STREET

Boro1
Block412
Lot29
BBL1004120029
Class C7
Residential units
22
Units in total
24
Storeys
5
Year built
1900
Last alteration on file
1985
Recorded transfers
1 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
4 Feb 2003$1,500,000-APARTMENT BUILDINGDEEDO
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.
02

The building on the lot

Section through the lot

LOT 2,216 SQ FT5
Drawn from PLUTO: 5 storeys, 8,105 sq ft of building on 2,216 sq ft of lot, an average floor plate covering 73% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
2,216 sq ft
Building area
8,105 sq ft
Residential area
6,805 sq ft
Commercial area
1,300 sq ft
Office area
-
Retail area
1,300 sq ft
Buildings on the lot
1
Built floor area ratio
3.66
Residential FAR permitted
4
Zoning district
C4-4A
03

Assessment

Assessed land value
$285,750
Assessed total value
$1,262,250
Exempt value
$0
Assessed per residential unit
$57,375

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.721844, -73.987716
05

Other buildings in Lower East Side

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453 FDR DRIVED48331955552$728k
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CLINTON STREETD640019720-
199 BROOME STREETRM37920211-
95 EAST HOUSTON STREETRM36120031-
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180 BROOME STREETRM26320180-
500 GRAND STREETD42581949174$663k
207 EAST HOUSTON STREETD824320061-

Every building on file in Lower East Side