The Last Auto Repair Shops on Attorney Street Hit the Market for Combined $25M

Posted on: March 3rd, 2017 at 5:00 am by

155 Attorney St. with Ludlow Garage in the foreground

155 Attorney St. with Ludlow Garage in the foreground

It was bound to happen. The onslaught of luxury living has irreparably affected the upper reaches of Attorney Street, where the commercial nature of the block is swiftly swinging to residential. No more auto zone.

Today, just a few weeks after 155 Attorney launched with claims of “reinventing” the neighborhood, we now learn that the last two auto shops on the block are to fall. That includes the decades-old Ludlow Garage (which is selling its building) and the body shop across the street. Twin real estate listings courtesy of Compass pitch the properties as the perfect “development opportunity” in one of the “most exciting neighborhoods in the city.” Price tag is a combined $25 million between 151 Attorney ($18 million) and 152 Attorney ($7 million).

Ludlow Garage, January 2014

Ludlow Garage, January 2014

According to public record, Ludlow Garage Co-owner Mario Marques owns 152 Attorney and Felipe Velez owns 151 Attorney).

Compass is quick to mention the popularity of the Lower East Side, and how, “each year the popularity of the neighborhood draws an abundance of new individuals from around the world who want to be part of one of the most exciting neighborhoods in the city.”

151 Attorney rendering, Photo: Compass

151 Attorney rendering, Photo: Compass

Below is the broker-babble included with both listings, along with renderings that illustrate the potential development that could happen.

The Lower East Side is known as the trendiest neighborhood in New York City. Each year the popularity of the neighborhood draws an abundance of new individuals from around the world who want to be part of one of the most exciting neighborhoods in the city. With great shopping, popular eateries, and eclectic nightlife the Lower East Side is one of the only places where you get the complete New York City experience. Our Attorney Street site offers any developer a chance to create a special building located on a block that we consider to be a hidden Gem. Zoned for seven floors and built on a 50.5 x 100 foot lot allows for 24 units. Nestled between Houston Street and Stanton Street, both sites are a short distance from the F, J, M, and Z trains.

The addition of these two development sites crowds out the last of the commercial business here. The arrival of chi-chi projects up the block certainly signal that the time was ripe for cashing out. It’s last man standing for the plumbing shop. Meanwhile, the former Sin-e rock club is equally endangered, and has been peddled on the open market for the last few years. To no avail; at least not yet.

152 Attorney rendering, Photo: Compass

152 Attorney rendering, Photo: Compass

The Ludlow Garage was founded in 1981 on its namesake street by present co-owners, Jerome Vasconcellos, and Mario Marques. Its headquarters was actually 139 Ludlow Street, the former funeral parlor now owned by Soho House.

139 Ludlow St., January 2013

139 Ludlow St., January 2013

Recent Stories

Nitecap Says Goodnight to Rivington Street After Six Years

Nitecap probably needs one right about now. The basement bar – founded in 2014 by David Kaplan and Alex Day of Death & Co. fame – announced its permanent closure on Instagram last night, citing challenges due to COVID-19 and debts still owed. Nitecap closed down, with the rest of the city, at the outset […]

Yeah Yeah Yeahs Celebrate 20 Years by Sharing Footage from First Show at Mercury Lounge

You’re old. But you were young then. Perhaps you caught a fringe group at Mercury Lounge that night twenty years ago. Yeah Yeah Yeahs were just another on a stacked bill September 25, 2000, alongside other relative unknowns, including Candy Darlings, Kid Congo Powers, and The White Stripes (who had released their debut record months […]

‘Friedmans’ Eyes Seward Park for Latest Outpost

Friedmans, the local comfort food chain, has eyes for Seward Park. Specifically, the commercial space formerly occupied by Randall’s Barbecue. Indeed, it appears that 357 Grand Street – vacant since May – could be restaurant number eight for the Friedmans crew. Owner Alan Phillips is listed on the October docket of Community Board 3 to […]

78 People Caught Flouting Social Distancing Rules at Bowery Karaoke Bar

A karaoke bar on the Bowery was busted by the Sheriff’s office Friday night for violating COVID-19 social distancing regulations. According to a report in Gothamist, seventy-eight people were spotted inside K-One Karaoke Bar at 97 Bowery eating and drinking at about 2:30am on Saturday morning. No distancing or masks. Sheriff Joe Fucito, head of […]

Artists Stick Together with ‘We Are All Bowery’

Hard hit by the pandemic and protests, an art initiative is underway to assuage the struggles currently happening on the Bowery. The “We Are All Bowery” project is helmed by Inside Change From Within, an endeavor supported in part by the Lower Manhattan Cultural Council. The goal of this project is a seemingly simple one: […]