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$ 7,250,000
Est. payment | /mo
3 Baths
3,500 SqFt
$ 7,250,000
Est. payment | /mo
3 Baths
3,500 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $2,071
MLS Listing ID 11662751
Full Baths 1
Half Baths 4
Year Built 1900
Annual Tax Amount $51,579
Lot Size 1,789 Sqft
Property Description
Investment Offering : 113 Ludlow Street , New York , NY Asset Overview 113 Ludlow Street is a three-story mixed-use masonry building. The Property features a ground-floor commercial storefront with 15 ft. ceilings , a finished basement , and a mezzanine . The upper floors consist of commercial and residential units , including a third-floor two-bedroom apartment . Development & Zoning * Zoning District : C4-4A (Moderate Density Commercial). * Max FAR : 4.0 , providing a total buildable potential approximately 7,000 sq. ft. * Unused Air Rights : Approximately 3,700 sq. ft. of development rights included * Dimensions : The building occupies a 20.37' x 88' lot ( approx. 1,789 sq. ft. ) Location Highlights Situated in Manhattan Lower East Side . the property is located 0.1 miles from the Delancey St-Essex St subway station . The area is characterized by high foot traffic and proximity to established retail and cultural institutions . Investment Highlights * Versatile Tenancy : Multi-tenant configuration suitable for retail , office, or - residential use . * Value-Add Potential : Opportunity for renovation or expansion utilizing existing air rights . * Architectural Features : Historic 1900 construction with 2010 renovations , featuring high 15 ft ceiling on ground floor & basement . EQUAL HOUSING OPPORTUNITY
Location
State NY
County 36061
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS