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67 Ludlow Street
New York NY 10002 US

$3,300,000

Active Listing ID 11735817
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10 bed
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20.00 Bath (20 Full)
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Other

$3,300,000

Active Listing ID 11735817
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67 Ludlow Street After more than four decades in the same family's hands, 67 Ludlow Street comes to market for the first time, offering investors a rare opportunity to acquire a fully occupied mixed-use walk-up in the heart of the Lower East Side. The property comprises 20 rent-stabilized residential units and a long-standing ground-floor retail tenant, generating $368, 737 in gross annual income and $214, 693 in NOI. At the $3, 300, 000 asking price, 67 Ludlow St delivers a 6.5% cap rate on in-place actuals, $157, 143 per unit, and roughly $340 per gross square foot, a compelling entry point for a Manhattan asset of this caliber. Situated just two blocks from the Delancey-Essex Street transit hub and steps from Essex Crossing, the building benefits from one of downtown Manhattan's most dynamic and consistently appreciating submarkets. The 25 by 87 lot carries C4-4A zoning, and the ground-floor commercial tenant is secured through 2043 with a 3% biennial rent escalations.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 20

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 3300000
  • unparsedaddress: 67 Ludlow Street
  • postalcity: New York
  • stateorprovince: NY
  • country: US
  • postalcode: 10002
  • bathroomsfull: 20
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 9972
  • livingareaunits: Square Feet
  • latitude: 40.717387
  • longitude: -73.989971
  • listagentfullname: Marshal Li
  • listagentemail: marshal.li@compass.com
  • listagentkey: 3yd-NYSMLS-104821
  • listagentmlsid: 104821
  • listagentpreferredphone: 9172160661
  • listagentofficephone: 6469820353
  • listofficekey: 3yd-NYSMLS-4848
  • listofficemlsid: 4848
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2026-04-27
  • countyorparish: New York
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.98997, 40.71739
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marshal.li@compass.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":"3rd floor", "ListBrokerageUnparsedAddress":"90 Fifth Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"90 Fifth Avenue, 3rd Floor", "ListOfficeAddress2":"3rd floor", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"New York", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"10011", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Building, Low-rise - New York, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11735817/?channel=rexren", "MLSModificationTimestamp":"2026-05-06T09:51:38Z", "Neighborhoods":[{"Description":null, "Name":"Chinatown"}], "PostalCode":null, "RawPropertySubType":"Commercial Building", "RawPropertyType":"Commercial Building", "RoomCount":25, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/6/2026 11:06:15 AM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Marshal Li, Compass, marshal.li@compass.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.