175 Ludlow Street Sells For $5.3 Million

175 Ludlow Street.

December was quite a month for building sales on the Lower East Side. Here’s another transaction to pass along.  A five story tenement with ground floor commercial space, 175 Ludlow Street, sold to an unnamed party in Houston, Texas for $5,325,000.

The 8,000 square foot building, just below Houston Street, is on a rapidly changing block. Among other transformations, the new Ludlow Hotel (scheduled to open in the spring) is right across the street.