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Manhattan / Chinatown-Two Bridges / 10002

21 LUDLOW STREET

Recorded on the Digital Tax Map as THE RONG HUA GARDENS CONDOMINIUM.

Boro1
Block298
Lot7503
BBL1002987503
Class RM
Residential units
23
Units in total
26
Storeys
9
Year built
1901
Last alteration on file
2006
Recorded transfers
36 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
16 Jul 2026$928,2007BSINGLE RESIDENTIAL CONDO UNITDEED
31 Oct 2023$475,0005BSINGLE RESIDENTIAL CONDO UNITDEED
13 Jul 2020$880,0002CSINGLE RESIDENTIAL CONDO UNITDEED
26 Sep 2019$850,0005CSINGLE RESIDENTIAL CONDO UNITDEED
18 Jan 2019$765,0008ASINGLE RESIDENTIAL CONDO UNITDEED
6 Sep 2018$893,7503BSINGLE RESIDENTIAL CONDO UNITDEED
7 Jun 2018$980,0005BSINGLE RESIDENTIAL CONDO UNITDEED
27 Jul 2017$1,070,0008BSINGLE RESIDENTIAL CONDO UNITDEED
2 Jun 2017$1,300,0009BSINGLE RESIDENTIAL CONDO UNITDEED
26 May 2016$950,0008BSINGLE RESIDENTIAL CONDO UNITDEED
22 Mar 2013$595,0003BSINGLE RESIDENTIAL CONDO UNITDEED
7 Dec 2012$300,0005CSINGLE RESIDENTIAL CONDO UNITDEED
29 Nov 2012$610,0007BSINGLE RESIDENTIAL CONDO UNITDEED
14 Nov 2012$605,8595BSINGLE RESIDENTIAL CONDO UNITDEED
15 Aug 2011$570,2202CSINGLE RESIDENTIAL CONDO UNITDEED
18 Apr 2011$610,5008BSINGLE RESIDENTIAL CONDO UNITDEED
29 Mar 2011$505,9863CSINGLE RESIDENTIAL CONDO UNITDEED
10 Sep 2010$514,2164CSINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$400,5907ASINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$589,0007BSINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$464,4007CSINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$402,7508ASINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$590,0008BSINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2010$566,1008CSINGLE RESIDENTIAL CONDO UNITDEED
8 Feb 2010$587,0006BSINGLE RESIDENTIAL CONDO UNITDEED
29 Jan 2010$486,7209ASINGLE RESIDENTIAL CONDO UNITDEED
16 Dec 2009$461,3702ASINGLE RESIDENTIAL CONDO UNITDEED
19 Nov 2009$539,6735CSINGLE RESIDENTIAL CONDO UNITDEED
15 Sep 2009$541,8112BSINGLE RESIDENTIAL CONDO UNITDEED
11 Sep 2009$610,9504BSINGLE RESIDENTIAL CONDO UNITDEED
10 Sep 2009$577,3486CSINGLE RESIDENTIAL CONDO UNITDEED
13 Aug 2009$425,0003ASINGLE RESIDENTIAL CONDO UNITDEED
16 Jul 2009$496,1506ASINGLE RESIDENTIAL CONDO UNITDEED
13 Jul 2009$435,0004ASINGLE RESIDENTIAL CONDO UNITDEED
1 Jul 2009$776,2389BSINGLE RESIDENTIAL CONDO UNITDEED
30 Jun 2009$445,6535ASINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20261$928,200--
20231$475,000--
20201$880,000--
20192$807,500$765,000$850,000
20182$936,875$893,750$980,000
20172$1,185,000$1,070,000$1,300,000
20161$950,000--
20131$595,000--
20123$605,859$300,000$610,000
20113$570,220$505,986$610,500
20109$514,216$400,590$590,000
200910$517,912$425,000$776,238
02

The building on the lot

Section through the lot

LOT 3,342 SQ FT9
Drawn from PLUTO: 9 storeys, 18,428 sq ft of building on 3,342 sq ft of lot, an average floor plate covering 61% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,342 sq ft
Building area
18,428 sq ft
Residential area
12,850 sq ft
Commercial area
5,578 sq ft
Office area
398 sq ft
Retail area
3,404 sq ft
Buildings on the lot
1
Built floor area ratio
5.51
Residential FAR permitted
6.02
Zoning district
C6-2
03

Assessment

Assessed land value
$174,147
Assessed total value
$3,100,762
Exempt value
$114,922
Assessed per residential unit
$134,816

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
RM
Neighbourhood
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.715391, -73.991021

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Chinatown-Two Bridges

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
225 CHERRY STREETRM1,0212015640$1.97m
265 CHERRY STREETD649019792-
185 PARK ROWD44201960262$718k
275 SOUTH STREETD625619784-
196 PARK ROWD42501965148$870k
82 RUTGERS SLIPD919819952-
2 ELIZABETH STREETR41671985111$685k
80 RUTGERS SLIPD910919871-
45 ALLEN STREETD310419730-
10 RUTGERS STREETD78320011-
148 MADISON STREETRM802002116$534k
59 HENRY STREETD68020210-

Every building on file in Chinatown-Two Bridges