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    OFF-MARKET
    Retail properties & Spaces

    179 Ludlow St, New York, NY 10002

    2,219 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail condo, located at 179 Ludlow Street in the heart of SoHo, New York, NY 10002, presents a unique investment opportunity. The property boasts a total of 2,219 square feet, strategically divided into 1,651 square feet on the ground floor and 568 square feet in the basement. Benefitting from 22 feet of frontage on Ludlow Street, this space enjoys unparalleled visibility and accessibility. The condo is situated at the base of a multi-million dollar luxury condominium development, ensuring a high-traffic, affluent clientele. Its location is truly enviable, sharing the street with the renowned SoHo House and positioned directly across from the luxurious Ludlow Hotel. The immediate vicinity is home to a collection of high-end retail establishments, including Equinox, The Richard Taittinger Gallery, Bode, and Snidel, further solidifying its prime position within the SoHo retail landscape. This distressed sale presents a compelling chance to acquire a significant retail presence in one of Manhattan's most desirable neighborhoods. The property is currently vacant, allowing for immediate customization and tenant selection to perfectly align with your business vision. This is a rare opportunity to establish a thriving business in a location that speaks volumes about prestige and exclusivity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,219 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Drybar Lower East Side Hair Salon
    • Ludlow Park Community Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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