New York City » 10002 » Ludlow St » 188 Ludlow St

The Ludlow - 188 Ludlow Street, New York, NY 10002 - Property report

Also known as: 167-177 Essex St

Property image for The Ludlow - 188 Ludlow Street, New York, NY 10002

Property type

Elevator Apartment - Luxury Type (D8)

Year built

2006

Lot sq. ft.

26,135

General information

Address

Building name

The Ludlow

Primary address

The Ludlow - 188 Ludlow Street

Alternate address(es)

167-177 Essex St
188-192 Ludlow St
207-215 E Houston St

ZIP code

10002

Neighborhood

Lower East Side

Borough

Manhattan

Block & lot

00412-0053

Building

Property type

Elevator Apartment - Luxury Type (D8)

Building sq. ft.

209,499

Buildings on lot

Stories

Year built

2006

Building material

Tax

Tax year

2026-2027

Property tax

$2,237,250

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

243

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

99.58 ft x 125 ft

Lot sq. ft.

26,135

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

97 /100. Biker's Paradise

School district

Community district

Closest police station

0.29 Miles

Closest fire station

0.21 Miles

View more such as transportation, nearby schools and risk designations.

Building Description

The Ludlow at 188 Ludlow Street is a 23-story luxury apartment tower developed in 2006. Home to 245 apartments averaging 840 square feet, The Ludlow totals 209,499 square feet. This includes two commercial units that house 5,468 square feet of retail space. Located on the Lower East Side, amenities include valet and round-the-clock doorman service, a landscaped roof deck, residents' lounge, outdoor entertaining space, laundry facilities, fitness center, and additional storage. The building is unique in that it was built on top of an active subway line.

The closest subway station to 188 Ludlow Street is a few blocks away at Allen Street and Houston Street. It offers access to the F train, while additional stations within half a mile connect to the J, M, Z, B, D, and 6 lines. Area public and private schools include P.S. 20 Anna Silver, George Jackson Academy, School for Global Leaders, The Connelly Center for Education, Marta Valle High School, and The Quad Preparatory School.

Ownership

Ownership information for The Ludlow - 188 Ludlow Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for The Ludlow - 188 Ludlow Street, New York, NY 10002

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/03/2023 - R 07/03/2023 - D	NYC Real Property Transfer Tax (2023072500779001)	XXXXXXXXXX XXXXXX XXXXXX XX	XXX XXXXXXX XXXXXXXXXXX XXX
08/10/2022 - R	UCC3 Continuation (2022080901167001)	XXXXXXX XXXXXX XXXXXXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
03/16/2022 - R	UCC3 Amendment (2022031500535001)	XXXXXXX XXXXXX XXXXXXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
03/30/2022 - R 12/28/2021 - D	Memorandum of Lease (2022022801522001)	XXXXXXX XXXXXX XXXXXXXXXX XX	XXXXXX XXXXXX XXXXXXXXXXX XXX
01/12/2022 - R 12/28/2021 - D	Assignment, Mortgage (2022010501018003)	XXXXXXXXX XXXXXXXXX XXXXXXX XXX	XXXXXX XXX
01/12/2022 - R 12/28/2021 - D	Agreement (2022010501018002)	XXXXXX XXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXXXXXXX XXXXXXX XXX
01/12/2022 - R 12/28/2021 - D	Assignment, Mortgage (2022010501018001)	XXXXXX XXX	XXXXXXXXX XXXXXXXXX XXXXXXX XXX
03/09/2021 - R 02/19/2021 - D	Both RPTT and RETT (2021022600969001)	XXXX XXX	XXXXXXXXXX XXXXXX XXXXXX XX
04/27/2021 - R 02/12/2021 - D	Both RPTT and RETT (2021022500560001)	XXX XX XXXXX XXXXX	XXXX XXX
03/05/2021 - R 02/12/2021 - D	Both RPTT and RETT (2021022500547001)	XXX XX XXXXX XXXXX	XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The Ludlow - 188 Ludlow Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$2,237,250

Municipal exemptions

Recent tax assessments

Market value

$67,210,000

Assessed value

$30,244,500

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$65,329,000	$29,398,050	$17,594,719	12.439%	$3,605,068	$2,188,607	+45.87%
2024/25	$66,427,000	$29,892,150	$12,002,789	12.5%	$3,654,529	$1,500,349	+2.51%
2023/24	$63,328,000	$28,497,600	$11,707,337	12.502%	$3,562,770	$1,463,651	+89.89%
2022/23	$68,350,000	$30,757,500	$6,283,378	12.267%	$3,601,785	$770,782	+10.83%
2021/22	$58,588,000	$26,364,600	$5,683,982	12.235%	$3,225,709	$695,435	+1003.32%
2020/21	$68,154,000	$30,669,300	$513,828	12.267%	$3,602,470	$63,031	-1.65%
2019/20	$65,370,000	$29,416,500	$513,828	12.473%	$3,578,741	$64,090	-1.10%
2018/19	$67,790,000	$30,505,500	$513,828	12.612%	$3,555,285	$64,804	-0.84%
2017/18	$66,126,000	$29,756,700	$513,828	12.719%	$3,433,336	$65,354	-1.34%
2016/17	$65,784,000	$29,602,800	$513,828	12.892%	$3,338,043	$66,243	+0.07%

Permits

Permit information for The Ludlow - 188 Ludlow Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
12/19/2025	Alteration
04/29/2025	Alteration
03/11/2025	Alteration
02/24/2025	Alteration
12/02/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2024	Egrade-failure to post energy grade/score none
	12/01/2021	Egrade-failure to post energy grade/score
	04/29/2021	Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Allen St & Houston St at SW Corner

Station lines

Distance (miles)

0.121

View subway map

Access the detailed traffic volume map for The Ludlow - 188 Ludlow Street, New York, NY 10002 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for The Ludlow - 188 Ludlow Street, New York, NY

393 Canal St, New York 2296 Adam Clayton Powell JR Blvd, New York 2276 12th Ave, New York 110 E 125th St, New York 1516 Park Ave, New York 2308 12th Ave, New York 36 Orchard St, New York 620 12th Ave, New York 535 W 187th St, New York 57 4th Ave, New York 620 W 190th St, New York 109 W 126th St, New York 165 1st Ave, New York 140 Jane St, New York 148 West St, New York 2302 Joe Dimaggio Hwy, New York 477 W 165th St, New York 522 W 146th St, New York 34 W 131st St, New York

Frequently asked questions

What is the year built for The Ludlow - 188 Ludlow Street, New York, NY 10002?

The development at The Ludlow - 188 Ludlow Street, New York, NY 10002 was built in 2006.

What is the total square footage of The Ludlow - 188 Ludlow Street, New York, NY 10002?

The Ludlow - 188 Ludlow Street, New York, NY 10002 has a total of 209,499 square feet.

What is the assessed value of The Ludlow - 188 Ludlow Street, New York, NY 10002?

The Ludlow - 188 Ludlow Street, New York, NY 10002 is currently assessed at $30,244,500.

What are the property taxes for The Ludlow - 188 Ludlow Street, New York, NY 10002?

The property taxes for The Ludlow - 188 Ludlow Street, New York, NY 10002 total $2,237,249.

How many residential units does this building have?

This building has 243 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.