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159 Ludlow Street, New York, NY 10002 Property Information

159 Ludlow Street, New York, NY 10002 Property Information

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

Primary address 159 Ludlow Street
Neighborhood Lower East Side
Zip code 10002
Borough Manhattan
Block & lot 00411-0019

Sales & Tax Overview for 159 Ludlow Street, New York

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

Purchase date 07/27/2007
Purchase price $1,515,000
Tax class
Estimated property tax $30,265

Lot & Building Information for 159 Ludlow Street, New York

Lot sq. ft. 1,063
Lot dimensions 25 ft x 42.5 ft
Property type Unlicensed Parking Lot (G7)
Buildings on lot 1
Frontage(s) Ludlow Street (narrow)
Nearest wide street Essex Street
Distance to wide street
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Zoning & Use for 159 Ludlow Street, New York

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 1
Community district 3
Closest police station 0.35 Miles
Closest fire station 0.28 Miles

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

Other Property Data for 159 Ludlow Street, New York

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Floor area ratio (FAR) for 159 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 159 Ludlow Street, New York, NY 10002, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 159 Ludlow Street, New York

What is the assessed value of 159 Ludlow Street, New York, NY 10002 and the property tax paid?

Assessed at $293,850, the tax amount paid for 159 Ludlow Street, New York, NY 10002 is $31,164. For the next year, the tax amount for 159 Ludlow Street, New York, NY 10002 is estimated at $30,265.

When was 159 Ludlow Street, New York, NY 10002 last sold and what was the last sale price?

159 Ludlow Street, New York, NY 10002 was last sold in 07/27/2007 for $1,515,000.

Ownership Information for 159 Ludlow Street, New York

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Property owner name for 159 Ludlow Street, New York, NY 10002
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Building contacts for 159 Ludlow Street, New York, NY 10002
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 159 Ludlow Street, New York

Create a free account to view the complete sales history for 159 Ludlow Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/27/2007 $1,515,000
01/30/2007 $1,200,000
06/01/2005 $180,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 159 Ludlow Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
01/19/2023 - R UCC3 Termination
(2022120700611007)
10/20/2022 - D
01/19/2023 - R
Termination of Assign of L&R
(2022120700611003)
10/20/2022 - D
01/19/2023 - R
Termination of Assign of L&R
(2022120700611002)
10/20/2022 - D
01/19/2023 - R
Satisfaction of Mortgage
(2022120700611001)
10/14/2022 - D
01/19/2023 - R
Satisfaction of Mortgage
(2022120700611004)
09/28/2022 - D
01/19/2023 - R
Termination of Assign of L&R
(2022120700611006)
09/28/2022 - D
01/19/2023 - R
Satisfaction of Mortgage
(2022120700611005)
03/20/2019 - R UCC3 Termination
(2019031901061002)
03/20/2019 - R Initial UCC1
(2019031901010003)
03/12/2019 - D
03/20/2019 - R
Satisfaction of Mortgage
(2019031901061001)
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R: Recorded date
D: Document date

Property Taxes for 159 Ludlow Street, New York

Access detailed property tax data for 159 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: $31,164
Estimated property tax: $30,265
Tax assessor's market value: $653,000
Assessed value: $293,850

Assessment History for 159 Ludlow Street, New York

Here's the assessment & property tax history for 159 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 $653,000 $293,850 $287,280 10.848% $31,164 $31,164 +5.84%
2024/25 $687,000 $309,150 $273,600 10.762% $29,445 $29,445 +10.75%
2023/24 $638,000 $287,100 $251,010 10.592% $26,587 $26,587 +10.38%
2022/23 $638,000 $287,100 $226,260 10.646% $24,088 $24,088 +17.49%
2021/22 $576,000 $259,200 $190,620 10.755% $20,501 $20,501 +20.00%

Permits for 159 Ludlow Street, New York

The complete history of permits filed for 159 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
09/01/2023 Alteration
02/28/2019 Alteration type 3
07/23/2015 New building
07/23/2015 New building
07/23/2015 New building
07/22/2015 Alteration type 2
07/22/2015 Alteration type 2
07/17/2015 New building
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Lower East Side Residential Market Stats

Access a detailed real estate market overview of Lower East Side so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Lower East Side and compare it to other neighborhoods in Manhattan.

Median Sale Price
$975,000
33.6% YoY
Median Price/Sqft
$1,553
21.1% YoY
Manhattan Median Sale Price
$1,200,000
9.3% 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 Allen St & Houston St at SW Corner
Station lines F
Distance (miles) 0.13
View subway map
Bus Routes
Name Allen St/Stanton St
Line M15
Distance (miles) 0.071

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 20 Anna Silver 2 No Public PK, K-5 313 0.09
P.S. 20 Anna Silver 2 No Public PK, K-5 313 0.09
The New Amsterdam School NR No Private PK, K-1 0 0.23
The New Amsterdam School NR No Private PK, K-1 0 0.23
Neighborhood School NR No Public PK, K-5 232 0.25

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
School For Global Leaders 6 No Public 6-8 151 0.12
Nativity Mission School NR No Private 8 16 0.16
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.27
Nord Anglia International School New York NR No Private PK-8 143 0.28
Cornelia Connelly Center NR No Private 4-8 90 0.29

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Marta Valle High School NR No Public 9-12 97 0.12
Lower East Side Preparatory High School 3 No Public 9-12 438 0.12
Cascades High School 2 No Public 9-12 112 0.16
Forsythe Satellite Academy NR No Public 9-12 142 0.16
New Design High School 4 No Public 9-12 455 0.28

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 159 Ludlow Street, New York

Here are the neighbors for 159 Ludlow Street, New York, NY 10002.

Address Square feet Purchase date Purchase price
137 Ludlow St, New York 9,777 03/12/2020 $15,300,000
99 Stanton St, New York 4,950 02/24/2023 $5,000,000
166 Orchard St, New York 9,792 05/15/2003
149 Ludlow St, New York 6,940 05/25/2000
143 Ludlow St, New York 13,650 12/12/2025
98 Rivington St, New York 4,300 06/25/2024 $6,000,000
164 Orchard St, New York 10,219 05/10/1995
162 Orchard St, New York 11,867 10/21/1977
151 Ludlow St, New York 8,421 06/07/2017 $5,500,000
135 Ludlow St, New York 231 03/28/1985
94 Rivington St, New York 16,840 03/28/1985
168 Orchard St, New York 4,400 03/09/1984
139 Ludlow St, New York 16,500 12/27/2012 $8,700,000
97 Stanton St, New York 1,975 08/01/2019
153 Ludlow St, New York 11,000 06/07/2017 $10,000,000
158 Orchard St, New York 8,950 01/04/2007
101 Stanton St, New York 12,168 06/08/2017 $12,900,000
160 Orchard St, New York 8,680 12/30/1976
156 Orchard St, New York 8,350 08/13/1998
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