Property summary
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
VerifiedCap rate & NOI
Current use
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Hair Salon
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Community Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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