115-117 Ludlow Street
$9,500,000
115 Ludlow Street, New York, NY 10002
For Sale
Mixed Use
Active
Last Updated: 07/08/2026
6.28
Cap Rate
596,431
NOI
Details:
Cap Rate: 6.28%
NOI: $596,431
Building Size: 15,891 sqft
Lot Area: 3,960 acres
Units: 20
Year Built: 1910
Zoning: C4-4A / R7A equiv.
Floors: 6
Description:
KW Commercial has been exclusively retained for the sale of this two-building multifamily portfolio on the Lower East Side of Manhattan, offered together as a single package.
The offering comprises two adjacent walk-up buildings totaling 18 residential units and two groundfloor commercial spaces. The 18 residential units consist out of 8 two bedrooms and 10 three bedroom
apartments of which 10 are RS and 8 FM. The store front spanning a combined 2,900 sf was a former grocery store and offers immediate commercial lease-up upside for a new owner.
Lower East Side
Documents:
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| 115-117 Ludlow Street OM |
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Location
Gallery
