67 Ludlow Street, New York, NY 10002
Commercial Building, Low-rise - New York, NY
- Added:
- Apr 27, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 67 Ludlow Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 20
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 9,972 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Marshal Li (917) 216-0661
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Apr 27, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied mixed‑use walk‑up: 20 rent‑stabilized residential units plus long‑standing ground‑floor retail tenant.
- Gross annual income of $368,737 and NOI of $214,693 based on in‑place actuals.
- Asking price $3,300,000 with a 6.5% cap rate on in‑place actuals.
- Retail tenant secured through 2043 with 3% biennial rent escalations.
- Lot size: 25 ft x 87 ft, zoned C4‑4A.
- On‑site parking available via garage.
Overview
The parcel measures 25 by 87 and is governed by C4-4A zoning. The location is in the Lower East Side, with the Delancey-Essex Street transit hub noted as two blocks away and Essex Crossing described as steps from the property.
For investors and operators seeking an income-producing Manhattan asset with in-place occupancy, this structure combines residential stability with a secured retail tenancy. The ground-floor commercial lease is in place through 2043 and includes 3% biennial rent escalations. On the stated in-place actuals, the offering reflects a 6.5% cap rate, $157,143 per unit, and roughly $340 per gross square foot.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.989971
- Latitude
- 40.717387