Map of Property

138-140 Ludlow Street, New York, NY 10002

138-140 Ludlow Street, New York, New York, 10002, New York, NY 10002

  • For Sale $23,500,000
  • Property Type Unassigned
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • Building Class C7
  • Year Built 1920
  • Date Updated Nov 21, 2024
Cushman & Wakefield has been exclusively retained to arrange the sale of 138 Ludlow Street NYC, a six-story mixed-use building. The property contains 21,500 SF with 29 units and approximately 48 feet of frontage on Ludlow Street (between Stanton and Rivington). The property lies in the epicenter of the LES, and two blocks north of the $1.9 billion, two million square foot Essex Crossing development. The Property’s 27 residential units consist of studios (4), one-bedrooms (1), twobedrooms (6) and three-bedrooms (16), and two retail spaces at street level. The ground floor consists of 2 stores and 2 apartments. The remaining floors (two through six) contain 5 apartments per floor.

Since current ownership acquired the Property in 2018, 138 Ludlow has undergone an extensive interior renovation with a scope encompassing both unit renovations and base building capex. The Property’s lobby, stairwells and 25 of the residential units have been renovated over the last few years. 22 of the Property’s 27 residential units are currently free market (81%). Today, approximately 94% of the Property’s residential income is derived from free market leases.

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Contacts

broker

Michael DeCheser

Cushman & Wakefield

broker

Bryan Hurley

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    97/100 Biker's Paradise
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  • City New York, NY
  • Neighborhood Lower East Side
  • Zip Code 10002
  • Market Manhattan

Points of Interest

  • Delancey Street

    0.14 miles

  • Allen St & Houston St

    0.17 miles

  • 1 Avenue & Houston St

    0.20 miles

  • Second Ave (F,V)

    0.30 miles

  • East Broadway (F)

    0.44 miles

  • Houston Street & Lafayette Street at Northeast Corner

    0.49 miles

  • Houston Street & Lafayette Street at Southeast Corner

    0.49 miles

  • Bleecker Street & Mulberry Street at Southeast Corner

    0.50 miles

  • Spring Street

    0.50 miles

  • Bleecker Street & Lafayette Street at Northeast Corner

    0.50 miles

  • Tesla Supercharger

    0.30 miles

  • Blink

    0.30 miles

  • ChargePoint

    0.97 miles

  • BP

    1.24 miles

  • Mobil

    1.52 miles

  • Emporium

    1.85 miles

  • Citgo

    1.98 miles

  • Gulf

    2.06 miles

  • Sunoco

    2.08 miles

  • Delancey & Essex Municipal Garage

    0.07 miles

  • Edison Park Fast

    0.11 miles

  • Village View Parking Area 3

    0.38 miles

  • Christie Garage

    0.38 miles

  • Village View Parking Area 1

    0.39 miles

  • Village View Parking Area 2

    0.40 miles

  • iPark

    0.50 miles

  • Edison ParkFast

    0.54 miles

  • 88 Madison Street Parking

    0.72 miles

  • Park Fast

    1.05 miles

  • The Redford Hotel

    0.01 miles

  • Orchard Street Hotel

    0.07 miles

  • Hotel Indigo

    0.09 miles

  • The Ludlow Hotel

    0.11 miles

  • Sago Hotel

    0.12 miles

  • Holiday Inn

    0.18 miles

  • The Allen Hotel

    0.22 miles

  • The GEM Hotel Soho

    0.23 miles

  • PUBLIC, an Ian Schrager hotel

    0.27 miles

  • citizenM

    0.29 miles

  • Pig & Butter

    0.01 miles

  • Bel Fries

    0.02 miles

  • Serafina Ludlow

    0.03 miles

  • Sons of Essex

    0.03 miles

  • Patacón Pisao

    0.03 miles

  • Charrua Uruguayan Restaurant

    0.03 miles

  • Wolfnights

    0.04 miles

  • El Castillo de Jagua

    0.04 miles

  • Essex Pizza

    0.05 miles

  • Set L.E.S

    0.05 miles

  • Lower East Side Preparatory High School

    0.11 miles

  • Public School 20

    0.11 miles

  • High School for Dual Language and Asian Studies

    0.22 miles

  • P.S. 140 Nathan Straus

    0.23 miles

  • New Design High School

    0.23 miles

  • Seward Park High School

    0.23 miles

  • Manhattan Bridges High School

    0.23 miles

  • Public School 142

    0.26 miles

  • Public School 63

    0.29 miles

  • Our Lady of Sorrows School

    0.31 miles

  • Elements Preschool

    0.14 miles

  • Esciela Hispana Montessori

    0.18 miles

  • First Steps Academy

    0.19 miles

  • All My Children Daycare & Nursery

    0.28 miles

  • Bright Horizons

    0.29 miles

  • New Amsterdam School

    0.37 miles

  • Swan

    0.44 miles

  • Oasis Downtown Day Camp

    0.55 miles

  • Metrokids Preschool

    0.64 miles

  • CPC Chung Pak Day Care Center

    0.66 miles

Frequently Asked Questions

How much does 138-140 Ludlow Street, New York, NY 10002 cost?

The space currently listed for sale at 138-140 Ludlow Street, New York, NY 10002 asks for $23,500,000.

When was this property built?

138-140 Ludlow Street, New York, NY 10002 was built in 1920.

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