Multi-family

Mixed-Use Investment Opportunity in the Lower East Side – 113 Ludlow Street

Address: 113 Ludlow Street, New York, NY, 10002
Price: $8,000,000 ($1,600.00/SF)
Cap Rate: 4.30%
Sale Type: Investment or Owner-User
Type: 2-Star Retail Storefront / Retail & Residential
Location: Central Business District (CBD)
Gross Leasable Area (GLA): 5,000 SF
Stories: 3
Typical Floor Size: 1,475 SF
Building Class: C
Building Height: 31′
Ceiling Height: 15′
Construction: Masonry

Property Overview:

Situated in the heart of the vibrant Lower East Side, 113 Ludlow Street offers a prime mixed-use investment or owner-user opportunity in one of Manhattan’s most dynamic neighborhoods. With a combination of retail storefront and residential units, this property is ideal for investors seeking a strong income-producing asset or business owners looking for a live-work space in a high-foot-traffic area.

Key Features:

Prime Lower East Side Location:

✔ Located in a high-demand commercial and residential district known for its trendy shops, nightlife, and cultural hotspots.
✔ Steps from Essex Market, Katz’s Delicatessen, and an array of boutique retailers, bars, and restaurants.
✔ A well-established neighborhood with ongoing development, ensuring long-term value appreciation.

Versatile Retail & Residential Space:

✔ 5,000 SF of total space across three stories, featuring a ground-floor retail storefront and residential units above.
✔ High 15’ ceilings and large storefront windows provide excellent visibility and branding opportunities.
✔ Open floor plans with flexible configurations for retail, office, or residential use.

Excellent Transit Access:

✔ Close proximity to major subway lines (F, M, J, Z at Delancey-Essex Street), providing easy access to Midtown and beyond.
✔ Well-connected via bus routes and pedestrian-friendly streets, increasing accessibility and foot traffic.

Highlights:

✔ Prime mixed-use retail and residential space in the Lower East Side
✔ $8,000,000 asking price with a 4.30% cap rate
✔ 5,000 SF of gross leasable area with high ceilings and flexible layouts
✔ Strong rental demand and long-term appreciation potential in a thriving market
✔ Steps from major transit hubs, nightlife, and cultural attractions

Conclusion:

113 Ludlow Street presents an outstanding investment or owner-user opportunity in one of NYC’s most exciting and evolving neighborhoods. Whether you’re looking for a high-visibility retail storefront with residential income or a strategic investment in a high-growth area, this property offers the perfect combination of location, flexibility, and long-term value.

Contact us today to schedule a private tour and explore this exceptional investment opportunity!