71 Ludlow Street, #3B, New York (Chinatown), NY, 10002 | $2,099,000

A spectacularly renovated convertible three-bedroom, two-bathroom condominium loft in mint condition, nestled in the vibrant heart of the Lower East Side. Designed with the discerning entertainer in mind, this apartment seamlessly blends functionality with elegance. Step off the keyed elevator directly into a sprawling living and dining area, crowned by an open chef's kitchen that will leave culinary aficionados spellbound. Featuring top-of-the-line Miele appliances, including a vented cooktop and an expansive wine fridge that holds over 100 bottles, this kitchen is an epicurean's dream. Ample imported Italian custom cabinetry, including a pull-out pantry and numerous drawers for pots and pans, ensures storage is never a concern. The mind-blowing 20-foot stone countertop offers generous space for casual dining for six, while the additional vast built-in seating behind it, adorned with reclaimed wood, invites both convivial gatherings and intimate moments. Privacy is afforded by a discreet frosted glass-paneled pocket door, delineating the plush bedroom quarters from the lively entertaining space. The spacious primary bedroom easily accommodates king-sized furnishings, while its ensuite bathroom is a sanctuary of refined luxury, boasting Fatini fixtures, Carrera marble and subway tiles, a tempered-glass-enclosed shower stall, a sleek wall-mounted vanity, and a dedicated linen closet. The guest bathroom echoes this opulence with black-and-white penny tiles, Carrera and Nero Marquina marbles, sophisticated Kohler fixtures, and chic black hardware. A sizable laundry room with a vented dryer adds to the convenience of modern living. The loft's aesthetic is further enhanced by radiant heated floors throughout, ensuring your comfort in every season. The exposed brick walls whisper tales of the city's rich history, while the state-of-the-art sound wiring, recessed lighting, Lutron dimmers, and central air system embody contemporary sophistication. Wide-plank, walnut-stained ash floors and custom closets are throughout. Ascending to the incredible roof deck, residents and guests alike are greeted with breathtaking views of the city skyline - a perfect backdrop for unforgettable moments and serene contemplation. The building's virtual and part-time doorman services provide an additional layer of convenience and security, and basement storage is also included. 71 Ludlow is a stone’s throw from Dimes Square, where upscale newcomers Cervo’s, Parcelle, and the Swan Room meet favorite dives Clandestino, Forgtmenot, and Kiki’s. Classic New York establishments include Russ & Daughters, Kossar’s, Scarr’s, and Katz’s. Get your Australian cafe fix at Dudley’s or Good Thanks; a plethora of stellar coffee options include Vita and Grumpy. Essex Market offers a bespoke solution to all grocery needs, including great lunchtime options for days spent working from home. With the convenience of nearby B/D/F/J/Z subway lines and the M15 bus, the best of the city is within easy reach, making this location not just a place to live, but a lifestyle to be lived. Monthly real estate taxes reflect the 17. 5% NYC Condo/Co-op Tax Abatement available to primary-residence owners (consult your tax advisor for eligibility).

Features

  • Town: New York
  • Cooling: Central
  • Levels: 7
  • Amenities: Bike Room; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: CommonArea
  • Complex: Ludlow Lofts
  • Year Built: 1900
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Video Intercom
  • OLR#: RLS20099152
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/RLS20099152/71ludlowstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

William Raveis Family of Services

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Kasa GroupSales Associates

561.312.7741

Cuellar.Joyce@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

71 Ludlow Street, #3B, New York (Chinatown), NY, 10002

$2,099,000

Kasa Group

Sales Associates

William Raveis Real Estate

Phone: 561.312.7741

Cuellar.Joyce@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,679,200 $1,679,200 $1,679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.223% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,403 $10,203 $14,057
Total Monthly Payment $9,528 $10,328 $14,182

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.