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Mixed-Use Walk-Up Building

67 Ludlow Street New York, NY 10002

67 Ludlow Street, New York, NY, 10002
$3,300,000
For Sale
$3,300,000

COMMERCIAL - Other - New York, NY

Days on Market82

Property Features for 67 Ludlow Street

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
10
Bathrooms
20
Rooms
Bedroom 9, Bathroom 10, Bathroom 12, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 18, Bathroom 16, Bedroom 7, Bathroom 13, Bedroom 1, Bedroom 10, Bathroom 11, Bathroom 5, Bedroom 3, Bathroom 2, Bathroom 20, Bedroom 2, Bathroom 14, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 6, Bathroom 15, Bathroom 9, Bathroom 4, Bathroom 8, Bathroom 19, Bathroom 7, Bathroom 17
Standard status
Active

Building Details

Architectural style
Other
Listing Agency Compass
3rd floor 90 Fifth Avenue, 3rd Floor, New York, NY
Listed by Marshal Li
Added: Apr 27 Checked: Jul 17 at 4:06 pm
MLS# 11735817

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.


Investment Insights

Based on property information with market context.

After more than four decades in the same family's hands, 67 Ludlow Street comes to market for the first time as a fully occupied mixed-use walk-up. The building includes 20 rent-stabilized residential units and a long-standing ground-floor retail tenant, producing $368,737 in gross annual income and $214,693 in NOI.

The property sits in the Lower East Side, approximately two blocks from the Delancey-Essex Street transit hub and steps from Essex Crossing. The 25 by 87 lot carries C4-4A zoning, supporting continued use of the existing mixed-use configuration.

The ground-floor commercial lease is secured through 2043, with 3% biennial rent escalations. Based on the $3,300,000 asking price, the offering reflects a 6.5% cap rate on in-place actuals.

Key Highlights

  • Fully occupied mixed‑use walk‑up with 20 rent‑stabilized residential units plus a long‑standing ground‑floor retail tenant
  • Income and NOI reported: $368,737 gross annual income and $214,693 NOI
  • Asking price $3,300,000 with a 6.5% cap rate on in‑place actuals, $157,143 per unit, and roughly $340 per gross SF

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ludlow Laundromat (Bike/Boat/Book/etc) Store 67 Art Gallery

Suggested Use

Nursing Home Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store (Bike/Boat/Book/etc) Store Adult Day Care Auto Parts Store Restaurant Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied mixed-use walk-up with 20 rent-stabilized units and a long-term ground-floor retail tenant.
Where is this apartment building located?
The property is located at 67 Ludlow Street New York, NY.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Fully occupied mixed‑use walk‑up with 20 rent‑stabilized residential units plus a long‑standing ground‑floor retail tenant; Income and NOI reported: $368,737 gross annual income and $214,693 NOI; Asking price $3,300,000 with a 6.5% cap rate on in‑place actuals, $157,143 per unit, and roughly $340 per gross SF
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