Retail

65 Ludlow Street, New York, NY 10002 – Lower East Side
Asking Rent: $40,000
Size: 1,800 sq ft
Use: Restaurant / Bar / Nightclub / Experiential Retail / Gallery / Creative Commercial
Lease Type: Commercial Lease (Retail/Restaurant)
Price per Sq Ft: ~$266.67/sq ft/year | ~$22.22/sq ft/month

Property Overview

This 1,800-square-foot commercial space at 65 Ludlow Street presents a high-profile opportunity in the epicenter of Manhattan’s nightlife and dining scene. With an asking rent of $40,000, the space commands a premium price per square foot, reflecting its iconic location on one of the Lower East Side’s most famous and bustling nightlife corridors. This space is designed for an established restaurant group, destination bar, experiential retail concept, or gallery that seeks to leverage the area’s unparalleled energy, dense foot traffic, and reputation as a magnet for young professionals, tourists, and nightlife seekers.

Space Highlights

• Substantial 1,800 sq ft of prime ground-floor space on a historic LES block
• Very high price per square foot reflects maximum revenue potential in a 24/7 entertainment district
• Likely features raw, character-filled interiors suitable for a dramatic build-out as a restaurant, lounge, or retail environment
• Size allows for a full-service restaurant with bar, dining area, and kitchen, or a large-format retail/entertainment concept
• High-visibility storefront critical for capturing walk-in traffic in a competitive environment

Location & Neighborhood

• Iconic Lower East Side location on Ludlow Street between Grand and Broome Streets
• In the heart of a district world-renowned for its vibrant nightlife, innovative dining, bars, and independent boutiques
• Extremely high foot traffic nightly from locals, weekend visitors, bar-hoppers, and destination diners
• Surrounded by legendary music venues, cocktail bars, late-night eateries, and street art
• Excellent access to subway lines (F at Delancey St; J/M/Z at Essex St; B/D at Grand St)
• Walkable to SoHo, NoLIta, Chinatown, and the East Village

Summary

Offered at $40,000 per month (~$266.67/sq ft/year), this 1,800 sq ft space at 65 Ludlow Street is a trophy location for hospitality and nightlife. The rent is a direct investment in the space’s potential to generate exceptional nightly revenue from one of the highest-density entertainment corridors in New York. This is not a space for a startup or untested concept; it is for an experienced operator with a powerful brand and a proven ability to execute a high-volume, high-margin business that can become a landmark destination on a street synonymous with NYC nightlife.