Manhattan / Chinatown-Two Bridges / 10002

48 LUDLOW STREET

Boro1

Block310

Lot7

BBL1003100007

Class C7

Residential units

Units in total

Storeys

Year built

1900

Last alteration on file

Recorded transfers

None

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 15,084 sq ft of building on 3,507 sq ft of lot, an average floor plate covering 72% of it. The dashed outline is the difference between the floor area ratio already built (4.3) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.

Lot area

3,507 sq ft

Building area

15,084 sq ft

Residential area

13,084 sq ft

Commercial area

2,000 sq ft

Office area

Retail area

2,000 sq ft

Buildings on the lot

Built floor area ratio

4.3

Residential FAR permitted

6.02

Zoning district

C6-2

Assessment

Assessed land value

$202,500

Assessed total value

$495,000

Exempt value

Assessed per residential unit

$18,333

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.

Classification and location

Building class

C7WALK-UP APT. OVER SIX FAMILIES WITH STORES

Neighbourhood

Chinatown-Two Bridges

ZIP code

10002

Community district

Manhattan 3

Council district

Coordinates

40.716349, -73.990011

Other buildings in Chinatown-Two Bridges

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
225 CHERRY STREET	RM	1,021	2015	640	$1.97m
265 CHERRY STREET	D6	490	1979	2	-
185 PARK ROW	D4	420	1960	262	$718k
275 SOUTH STREET	D6	256	1978	4	-
196 PARK ROW	D4	250	1965	148	$870k
82 RUTGERS SLIP	D9	198	1995	2	-
2 ELIZABETH STREET	R4	167	1985	111	$685k
80 RUTGERS SLIP	D9	109	1987	1	-
45 ALLEN STREET	D3	104	1973	0	-
10 RUTGERS STREET	D7	83	2001	1	-
148 MADISON STREET	RM	80	2002	116	$534k
59 HENRY STREET	D6	80	2021	0	-

Every building on file in Chinatown-Two Bridges