Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
67 Ludlow Street
Interested in this property?
Active For Sale Mixed Use

$3,300,000

$331 per sq ft

67 Ludlow Street

Lower East Side, Manhattan

MLS® #RLS20086904

RLS at REBNY

Listing by Compass

Studio

20

Baths

9,972

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 20
Living Area 9,972 sq ft
Year Built 1900
Ownership None
HOA/Common Charges $5,688/mo
Property Taxes $85,776/yr
Neighborhood Lower East Side
Floor 1 of 6

Property Highlights

  • Character: Pre-war building (1900)

Property Details

Type Mixed Use
Ownership None
Total Rooms 25
Baths 20 Full
Floor 1 of 6
Pets CatsOk, DogsOk
Year Built 1900
Living Area 9,972 sq ft
Structure Type MultiFamily,MixedUse
Furnished Unfurnished
Basement Full
Parcel # 0408-0020
Block/Lot 00408/0020

Listing History

Event Date Price Change
Listed Apr 27, 2026 $3,300,000 -
Currently Apr 27, 2026 $3,300,000 -

Description

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.

Features & Amenities

Interior Features

Common On Floor Common Area

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 21
Stories 6
Structure MultiFamily,MixedUse

Financial Details

Common Charges $5,688/mo
RE Taxes $85,776/yr ($7,148/mo)

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

112

Median Asking Price

$1.27M

Median $/Sqft

$1,333

Avg Days on Market

N/A

New This Week

4

Price Reduced

32%

Sold (30 Days)

5

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 4/27/26, 3:16 PM EST

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Location

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67 Ludlow Street, Lower East Side, New York County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
6
Floors
21
Residential Units
C4-4A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $639,450
Land Value: $98,550
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,224 SF
Building Area: 9,694 SF
Built FAR: 4.36
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $5,688 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $85,776, or roughly $7,148 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 20 full bathrooms.

The listed interior living area is 9,972 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,300,000 for 9,972 sq ft, the asking price per square foot is approximately $331. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20086904
First Listed: 4/27/2026
On Market: 4/27/2026
Price Changed: 4/27/2026
Contract Date: 4/15/2026

Listing Courtesy of Compass - Marshal Li

Listing Contact: (917) 216-0661

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/27/2026 at 7:16 PM UTC

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