Mixed-Use Walk-Up
New
For Sale
$3,150,000
67 Ludlow Street, New York City, NY 10002
Fully occupied property with rent-stabilized apartments and a ground-floor retail tenant.
Property Size9,972 SF
Lot Size0.05 Acres
Price / SF$315.88
Days on Market4
Property Features for 67 Ludlow Street
General Information
Standard status
Active
Size
9,972 SF
Lot size
0.05 Acres
Property subtype
Mixed Use
Zoning
C4-4A
Occupancy
100%
Net Operating Income
$214,693
Financials
Cap Rate
6.81%
Gross Income
$368,737
Additional Details
Public Transit
Yes
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$85,785
Building Details
Building Size
9,972 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Marshal Li
(917) 216-0661
Source:
Bondnyre
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 16 at 8:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This mixed-use walk-up building contains 20 rent-stabilized residential units alongside a ground-floor retail space. The property was built in 1900 and carries C4-4A zoning, with the commercial tenancy secured through 2043 and rent escalations occurring every two years at 3%.
The building is located in Manhattan’s Lower East Side, two blocks from the Delancey-Essex Street transit hub and near Essex Crossing. The 25 by 87 lot supports a fully occupied residential and commercial configuration, with a 6.81% cap rate based on in-place actuals.
The building is located in Manhattan’s Lower East Side, two blocks from the Delancey-Essex Street transit hub and near Essex Crossing. The 25 by 87 lot supports a fully occupied residential and commercial configuration, with a 6.81% cap rate based on in-place actuals.
Key Highlights
- 20 rent‑stabilized residential units
- Ground‑floor retail tenant secured through 2043
- 6.81% cap rate on in‑place actuals
Property Analytics
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Current Use
Lease Details
20
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
21,401
Businesses Nearby
Explore this area
Business Placement
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied property with rent-stabilized apartments and a ground-floor retail tenant.
Where is this mixed-use property located?
The property is located at 67 Ludlow Street New York City, NY.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 20 rent‑stabilized residential units; Ground‑floor retail tenant secured through 2043; 6.81% cap rate on in‑place actuals
