A New LES Boutique Condominium

By AP Connolly | Photography by MW Studio

It’s official! 147 Ludlow, a timeless boutique condominium by Grid Group, launched sales for its eight residences. With every home having private outdoor space, this address is made for the post-pandemic period.

This is a rare opportunity to own homes by the family-operated development firm Grid Group. Best known for 124 West 16th Street, the only New York building to launch during the pandemic and sell out in less than a year at an average price of $5.8M, the company obsesses over construction they manage in-house.

The timeless property features eight luxurious loft-style residences priced from $1.895M. Initial availability includes two and three-bedroom lofts along with a full-floor four-bedroom duplexes with 37 feet of frontage on Ludlow Street and 647 square feet of private outdoor space with panoramic views of the downtown skyline.

Designed by DHD Architecture and Interior Design, which has tremendous experience designing for indoor-outdoor living. All residences boast 9’6 ceilings, white oak floors, and oversized European casement tilt and turn windows, allowing natural light to fill the expansive living spaces while providing maximum sound attenuation. In addition, every residence has gracious and private outdoor spaces, optimally built for relaxation and entertaining with a backdrop of quintessential New York City views.

“147 Ludlow Street exceeds all expectations for today’s buyer,” says Yiannes Einhorn, Principal at Grid Group. “We’re excited to present this development to the market and continue our collaboration with Corcoran New Development, who partnered with us on downtown sellouts 124 West 16th Street and 246 West 16th Street.” In fact, 124 West 16th Street was the only New York building to launch during the pandemic and sell out in less than a year at an average price of $5.8M. Like 147 Ludlow, it was designed by DHD Architecture and Interior Design, with above-and-beyond craftsmanship by Grid Group.

Kitchens at 147 Ludlow are crafted with light grey oak custom Italian cabinetry offset by Grey Velvet marble and Arctic white Quartzmaster countertops, echoed by Arctic white Quartzmaster backsplash slabs. Appointed with top-of-the-line appliances, including Fisher and Paykel refrigerators, cooktops, ovens, Hansgrohe faucets, and stainless-steel vented range hoods, the kitchens are designed for the modern chef who loves to entertain.

The beautiful primary bathrooms exude luxury with Zuma soaking tubs, Bianco Dolomite and Grey Velvet marble floors, and custom Grey Velvet slab tub decks in select residences. Secondary baths feature Bianco Dolomiti marble, Hansgrohe fixtures, VIGO shower doors, and marble floors. In addition, each bespoke home has central A/C, fully vented top-of-the-line washer/dryers, complete with a dedicated storage room in the basement.

“147 Ludlow Street is a boutique offering with a very limited number of residences and offers great private outdoor space,” says Nicole Hechter. She is leading sales with Masayo Hashimoto for Corcoran New Development. “This is the exact product type that is commanding bidding wars and selling out during this period, so brokers and prospects must engage now. Buildings developed by Grid have a track record of selling out quickly, and we anticipate the same here.”

The new property is just moments away from trendy hotspots in the Lower East Side such as Katz’s Delicatessen, Russ & Daughters, Beauty & Essex, Dirty French, Bowery Meat Co., and cultural offerings such as The New Museum, The International Center of Photography, The Public, and Ludlow House. Info: Prices starting at $1.895 million.

For more information on 147 Ludlow, visit 147Ludlow.com

To schedule a visit with Nicole Hetcher or Masayo Hashimoto of Corcoran, phone 917-514-5874

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