41-43 Ludlow

New York, NY

Building Overview

Summary

  • Building Size (sf) 8,458
  • Number of Units 10
  • Asking Price $2,650,000

Avison Young, as the exclusive agent, is pleased to offer for sale 41-43 Ludlow Street (the “Property”), a 5-story, 25’ mixed-use walk-up building located on the west side of Ludlow Street between Grand Street and Hester Street on the Lower East Side. The property spans 8,458± gross square feet, comprising eight (8) RS residential units above two (2) ground floor retail units. The Property’s ideal location in the Lower East Side neighborhood offers immediate access to extensive dining, entertainment, and shopping destinations, as well as convenient transportation options. It is less than a 5-minute walk from the Grand Street subway station servicing the B and D trains, and the F Train subway station via the East Broadway Subway Station.

Investment Highlights

Low Basis Opportunity

Tax Class 2B - Tax Protected

Owner-User Opportunity
Below Market Retail Rents

Prime Lower East Side Location

Two Blocks to Essex Crossing

Team

Patrick Madigan

Director
Avison Young - US - NY - New York
212 729 1623

Joseph Moran

Associate Director
Avison Young - US - NY - New York
917 842 6051

Kyle Sabath

Associate
Avison Young - US - NY - New York
212 729 6279

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