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Fully Occupied Mixed-Use Walk-Up

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 Market87

Property Features for 67 Ludlow Street

General Information

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

Building Details

Architectural style
Other
Listing agency Compass
Listed by Marshal Li
Added: Apr 27 Updated: Jul 22 at 1:29AM Checked: Jul 22 at 3:06PM
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 is being offered for sale. The fully occupied mixed-use walk-up includes 20 rent-stabilized residential units and a long-standing ground-floor retail tenant.

The property sits on a 25 by 87 lot and is zoned C4-4A. The retail lease is secured through 2043, with 3% biennial rent escalations. Gross annual income is $368,737 with NOI of $214,693, reflecting a 6.5% cap rate on in-place actuals as presented. The asking price is $3,300,000, or $157,143 per unit. The building is situated about two blocks from the Delancey-Essex Street transit hub and steps from Essex Crossing.

Key Highlights

  • Fully occupied mixed‑use walk‑up with 20 rent‑stabilized residential units plus long‑standing ground‑floor retail tenant
  • Gross annual income of $368,737 and NOI of $214,693
  • Asking price of $3,300,000 with a 6.5% cap rate on in‑place actuals

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?
Mixed-use property - Mixed-use walk-up with 20 rent-stabilized apartments and ground-floor retail secured through 2043.
Where is this mixed-use property 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 long‑standing ground‑floor retail tenant; Gross annual income of $368,737 and NOI of $214,693; Asking price of $3,300,000 with a 6.5% cap rate on in‑place actuals
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