41-43 Ludlow StNew York, NY 10002

This exceptional 5-story, mixed-use building at 41-43 Ludlow Street in New York City's Lower East Side presents a compelling investment opportunity. The 8,458 square foot property boasts eight residential units and two ground-floor retail spaces, offering a blend of income streams. Situated on Ludlow Street between Grand and Hester Streets, this location provides unparalleled access to the neighborhood's vibrant dining, entertainment, and shopping scene. Convenient transportation is readily available, with the B and D trains (Grand Street station) less than a 5-minute walk away, and the F train easily accessible via the East Broadway station. The building benefits from a low basis, is classified as Tax Class 2B (tax-protected), and presents potential for owner-user occupancy. Below-market retail rents offer significant upside potential. Its proximity to Essex Crossing further enhances its desirability. This is a rare chance to acquire a well-positioned multifamily asset in a highly sought-after area of Manhattan. The asking price is $2,650,000, translating to $313.31 per square foot.