Available
For Sale
  • Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
  • 138-140 Ludlow Street, New York, NY 10002

    138-140 Ludlow Street, New York, New York, 10002, New York, NY 10002 United States
    Available
    For Sale
  • Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
  • 138-140 Ludlow Street, New York, NY 10002

    138-140 Ludlow Street, New York, New York, 10002, New York, NY 10002 United States
    Lot Size
    4,235 SF / .1 Acres
    Built
    1920
    Lot Size
    4,235 SF / .1 Acres
    Built
    1920

    OVERVIEW

    Cushman & Wakefield has been exclusively retained to arrange the sale of 138 Ludlow Street NYC, a six-story mixed-use building. The property contains 21,500 SF with 29 units and approximately 48 feet of frontage on Ludlow Street (between Stanton and Rivington). The property lies in the epicenter of the LES, and two blocks north of the $1.9 billion, two million square foot Essex Crossing development. The Property’s 27 residential units consist of studios (4), one-bedrooms (1), twobedrooms (6) and three-bedrooms (16), and two retail spaces at street level. The ground floor consists of 2 stores and 2 apartments. The remaining floors (two through six) contain 5 apartments per floor.

    Since current ownership acquired the Property in 2018, 138 Ludlow has undergone an extensive interior renovation with a scope encompassing both unit renovations and base building capex. The Property’s lobby, stairwells and 25 of the residential units have been renovated over the last few years. 22 of the Property’s 27 residential units are currently free market (81%). Today, approximately 94% of the Property’s residential income is derived from free market leases.

    Details

    Building Size:
    SF
    Sale Price:
    $23,500,000 USD
    Lot Size:
    4,235 SF / .1 Acres
    Year Built:
    1920

    AVAILABILITIES

    LOCATION

    RELATED PROPERTIES

    New York - Apartment Buildings    , Live Plus Income Buildings    , Mixed-Use Investment Buildings
    Available
    For Sale ● Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
    116 Suffolk Street, New York, NY 10002

    116 Suffolk Street, New York, New York, 10002
    New York, NY 10002
    United States

    Sale Price: $6,250,000 USD

    New York - Apartment Buildings    , Live Plus Income Buildings    , Mixed-Use Investment Buildings
    Available
    For Sale ● Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
    308 East 49th Street, New York, NY 10017

    308 East 49th Street, New York, New York, 10017
    New York, NY 10017
    United States

    Sale Price: $6,000,000 USD

    New York - Apartment Buildings    , Live Plus Income Buildings    , Mixed-Use Investment Buildings
    Available
    For Sale ● Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
    2500 Amsterdam Avenue, New York, NY 10033

    2500 Amsterdam Avenue, New York, New York, 10033
    New York, NY 10033
    United States

    Sale Price: $2,400,000 USD

    New York - Apartment Buildings    , Live Plus Income Buildings    , Mixed-Use Investment Buildings
    Available
    For Sale ● Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings
    212-222 East 85th Street, New York, NY 10028

    212 East 85th Street, New York, New York, 10028
    New York, NY 10028
    United States

    Sale Price: $49,500,000 USD

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on  Cookies

    More Options
    Agree and Close
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Agree All
    Reject All
    SAVE SETTINGS