Hell Square Walkup on Ludlow Street Fetches $10M
Two weeks ago, we reported that 175 Ludlow Street had changed hands for an undisclosed amount. Now the full price is available.
According to public records, the five-story Hell Square walkup fetched a handsome $10 million.
Residents of the old tenement received a notice from the new ownership that also confirmed the transaction. Both sources indicate that seller “175 Ludlow LLC,” which purchased the property in 2013 for $5.33 million, unloaded the five-story walkup to Easton Industrial Affiliates (aka Tco Metals) out of Princeton, New Jersey. As the name suggests, this company is apparently a steel supplier (diversifying its assets?).