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117 Ludlow Street, New York, NY 10002 Property Information

117 Ludlow Street, New York, NY 10002 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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117 Ludlow Street, New York, NY 10002 2
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Address

Primary address 117 Ludlow Street
Neighborhood Lower East Side
Zip code 10002
Borough Manhattan
Block & lot 00410-0022

Sales & Tax Overview for 117 Ludlow Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $142,115

Lot & Building Information for 117 Ludlow Street, New York

Lot sqft 2,207
Lot dimensions 25.08 ft x 88 ft
Building class Walk-up Apartment - Over Six Families with Stores (C7) i
Building sqft 9,119
Building dimensions 25 ft x 74 ft
Buildings on lot 1
Stories 6
Year built 1900
Construction type
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Zoning & Use for 117 Ludlow Street, New York

Zoning
Residential units (DOF) 10
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 1
Community district 3
Closest police station 0.30 Miles
Closest fire station 0.34 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 117 Ludlow Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 117 Ludlow Street, New York, NY 10002, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 117 Ludlow Street, New York, NY 10002, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 117 Ludlow Street, New York

How many square feet does 117 Ludlow Street, New York, NY 10002 have?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 117 Ludlow Street, New York, NY 10002 has a total of 9,119 square feet.

What is the year built & the current market value of 117 Ludlow Street, New York, NY 10002?

117 Ludlow Street, New York, NY 10002 was built in 1900 and has a current tax assessor's market value of $2,659,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 117 Ludlow Street, New York

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Property owner name for 117 Ludlow Street, New York, NY 10002
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Building contacts for 117 Ludlow Street, New York, NY 10002
Building management:
Representatives (from permits):
Tenants:

Spaces for Sale in 117 Ludlow Street, New York

115 & 117 Ludlow Street
Listing type For Sale
Listing date 07/18/2025
Last updated 07/23/2025
Lot size 0.09 Acre

Marcus & Millichap is the exclusive sales broker for 115 & 117 Ludlow Street (the “Property”), two adjacent mixed-use walk-up buildings between Rivington and Delancey Streets on the Lower East Side.

115 Ludlow Street is built 20 feet by 70 feet on a 20-foot by 88-foot lot; 117 Ludlow Street is built 25 feet by 74-feet on a 25-foot by 88-foot lot. Both properties are zoned C4-4A, have minimal unused development rights and are not part of a historic district.

The Property’s unit mix is comprised of one large commercial space and eighteen apartments (115 Ludlow has eight two-bedroom apartments; 117 Ludlow has ten three-bedroom apartments). The commercial space occupies the ground floor of both buildings and is approximately 2,900 square feet; it was formally occupied by ownership’s grocery store and is now vacant.

The Property offers an investor the opportunity to take over a long-term-family-owned building in order to professionalize management operations and increase cash flow. There are also many options for upgrading the retail space in a sub-market known for its restaurants and nightlife.

The Property is located in the center of the Lower East Side, one of the city’s most hip and edgy neighborhoods. It is surrounded by apparel boutiques, critically acclaimed restaurants, and popular nightlife that attract a high volume of foot traffic to the immediate area. The Property is two blocks from the subway station at Delancey-Essex (F, M, J, Z lines) as well as from Essex Crossing, a 1.65-million-square-foot development anchored by 1,000 units of housing, 250,000 square feet of office space, Essex Street Market, a rooftop urban farm, the Andy Warhol Museum, and a diverse mix of retail space.

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Brokers

John J. Stewart
Dylan Torey
Active Listings For This Property:
For Sale 115 & 117 Ludlow Street
115 & 117 Ludlow Street
117 Ludlow Street, New York
Property Retail / Residential
Availability Spaces listed / Sqft
Price $11,000,000
Real Estate Reports:
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Past Sales & Property History for 117 Ludlow Street, New York

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No recorded sales for this property.

Title Documents for 117 Ludlow Street, New York

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Date Type Amount Party 1 Party 2 Doc image
11/29/1996 - R Satisfaction of Mortgage
(1260005403426)
12/10/1993 - R Agreement
(1040000451304)
12/05/1990 - R Mortgage
(ft_1250000358825)
11/27/1990 - D
12/05/1990 - R
Deed
(ft_1240000358824)
12/03/1986 - R Deed
(1890000164689)
03/01/1982 - R Satisfaction of Mortgage
(1830000004183)
08/22/1980 - R Agreement
(1470008629447)
08/22/1980 - R Mortgage
(1460008629446)
08/22/1980 - R Deed
(1450008629445)
08/22/1980 - R Assignment, Mortgage
(1440008629444)
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R: Recorded date
D: Document date

Property Taxes for 117 Ludlow Street, New York

Access detailed property tax data for 117 Ludlow Street, New York, NY 10002. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $129,711
Estimated property tax: $142,115
Tax assessor's market value: $2,659,000
Assessed value: $1,196,550

Assessment History for 117 Ludlow Street, New York

Here's the assessment & property tax history for 117 Ludlow Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,659,000 $1,196,550 $1,042,780 12.439% $129,711 $129,711 +0.88%
2024/25 $2,430,000 $1,093,500 $1,028,650 12.5% $128,581 $128,581 -0.77%
2023/24 $2,374,000 $1,068,300 $1,036,440 12.502% $129,576 $129,576 +5.04%
2022/23 $2,466,000 $1,109,700 $1,005,660 12.267% $123,364 $123,364 +23.18%
2021/22 $1,819,000 $818,550 $818,550 12.235% $100,150 $100,150 -10.50%

Permits for 117 Ludlow Street, New York

The complete history of permits filed for 117 Ludlow Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/10/2021 Alteration
09/29/2021 Alteration
09/28/2021 Alteration
02/28/2020 Alteration
07/16/2012 Alteration type 2
05/16/2011 Alteration type 2
05/15/1991 Alteration type 2
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Essex St & Delancey St at NW Corner
Station lines F-J-M-Z
Distance (miles) 0.065
View subway map
Bus Routes
Name Delancey St/Essex St
Line B39
Distance (miles) 0.056

Neighbors for 117 Ludlow Street, New York

Here are the neighbors for 117 Ludlow Street, New York, NY 10002.

Address Square feet Purchase date Purchase price
119 Ludlow St, New York 5,985 12/03/2021 $3,700,000
115 Ludlow St, New York 6,778 12/05/1990
113 Ludlow St, New York 3,505 08/06/2021
90 Delancey St, New York 3,900 03/15/1990
124 Ludlow St, New York 10,500 05/21/2019 $21,500,000
127 Ludlow St, New York 13,355 01/31/1984
95 Rivington St, New York 9,225 01/11/2018
87 Rivington St, New York 9,525 06/30/2009 $16,000
140 Orchard St, New York 13,049 10/14/2010 $3,350,000
88 Delancey St, New York 3,900 06/16/1978
86 Delancey St, New York 29,437 05/30/2012 $4,800,000
112 Ludlow St, New York 132,750
123 Ludlow St, New York 14,730 12/09/1994
138 Orchard St, New York 9,068 01/04/1989
122 Ludlow St, New York 10,500 05/21/2019 $21,500,000
136 Orchard St, New York 9,008 04/21/1998
109 Ludlow St, New York 16,812 03/21/2023 $8,800,000
121 Ludlow St, New York 4,485 05/14/2009 $3,450,000
110 Ludlow St, New York 10,275 06/01/1998
89 Rivington St, New York 06/23/1986
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