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
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