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Big Reveal: $889K for a 1BR in a Super-Sized Tenement

The guesses for this week's Pricespotter fell well short of the mark for the super-sized 1BR condo in an Old Law Tenement at 157 Ludlow Street. The median guess of $698K was 21% below the actual asking price of $889,000. Perhaps it wasn't clear that the apartment is twice the width of a traditional tenement apartment, offering a lot more space than is usually enjoyed in such buildings. And although we failed to mention it, like many of these buildings that have undergone extensive renovation and condo conversion, this building does have an elevator, so the third floor apartment is priced at more than $1,100/square foot. Thanks for playing!
· 157 Ludlow St., #3R [Elliman via StreetEasy]
· ow Much For a 1BR in a Super-Sized Old Law Tenement? [Curbed]