Multi-family

Investment Property in the Lower East Side

Address: 91 Ludlow Street, New York, NY, 10002
For Sale: $12,500,000 ($2,083.33/SF)
Sale Type: Investment
Property Type: 2-Star Retail Storefront/Office
Location: Central Business District (CBD)
Gross Leasable Area (GLA): 6,000 SF
Stories: 3
Typical Floor Size: 2,000 SF
Class: C
Construction: Masonry

Overview:
This exceptional investment opportunity offers a 6,000 SF retail/office property located in the dynamic Lower East Side of Manhattan. Priced at $12,500,000 ($2,083.33/SF), this property combines prime retail space with office potential, providing versatility and multiple revenue streams. With its central location in the heart of the Central Business District (CBD), 91 Ludlow Street is a valuable asset for investors looking to capitalize on the thriving commercial market in one of New York City’s most up-and-coming neighborhoods.

Key Features:

Prime Location:
Located in the heart of the Lower East Side, 91 Ludlow Street sits in one of Manhattan’s most vibrant and rapidly developing neighborhoods. This area attracts a mix of local residents, creative professionals, and tourists, ensuring high foot traffic and an energetic environment for businesses.

Mixed-Use Investment:
The property offers a flexible layout, combining 2,000 SF per floor across three stories, allowing for a mix of retail and office spaces. This configuration provides opportunities for businesses seeking high-visibility retail space, as well as office tenants looking for a unique and convenient location.

Strong Rental Demand:
The Lower East Side has become a highly desirable destination for both retail and office tenants, attracting a creative and entrepreneurial community. The demand for commercial space in this area continues to grow, making this property a great opportunity for steady rental income or future appreciation.

Masonry Construction:
Built with durable masonry, the property offers long-term stability and minimal maintenance costs, providing a secure investment for years to come.

Class C Property:
As a Class C property, this building offers potential for renovation and repositioning, allowing investors to enhance its value through updates or upgrades.

Proximity to Transit:
91 Ludlow Street is conveniently located near several subway lines, including the F, J, M, and Z trains, ensuring easy access for tenants and customers. The property is also close to major bus routes, providing additional transportation options.

Highlights:
91 Ludlow Street offers an outstanding investment opportunity in one of New York City’s most exciting neighborhoods. With its mix of retail and office space, prime location, and competitive price of $2,083.33/SF, this property is an ideal choice for investors seeking a high-potential asset in the Lower East Side.

Contact us today to schedule a tour and learn more about how this property can be a valuable addition to your real estate portfolio!