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Redevelopment Project 89 Ludlow St, New York, NY 10002 6,000 SF 100% Leased Retail Building New York, NY 10002 $15,304,189 CAD ($2,550.70 CAD/SF)
Investment Highlights
- Permits have been filed for a 12-story mixed-use building
- Next to Essex Crossing
- A short walk to the Bowery subway station (J and Z trains) and the Grand Street station (B and D trains)
- Delivered vacant
Executive Summary
89-91 Ludlow Street is a mixed-use development site with 3 stories and 1 unit, located in the Lower East Side next to Essex Crossing. Permits have been filed for a 12-story mixed-use building which will yield 40,583 square feet, with 28,653 square feet of residential space and 3,333 square feet of commercial space.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,000 SF
Building Class
C
Year Built
1900
Price
$15,304,189 CAD
Price Per SF
$2,550.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.38
Lot Size
0.10 AC
Zoning
C6-2A, C4-4A - districts permit a wide range of high-bulk commercial uses requiring a central ¬location
Frontage
51’ on Ludlow St
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0409-0020 | Improvements Assessment | $545,567 CAD |
| Land Assessment | $306,779 CAD | Total Assessment | $852,346 CAD |
Property Taxes
Parcel Number
0409-0020
Land Assessment
$306,779 CAD
Improvements Assessment
$545,567 CAD
Total Assessment
$852,346 CAD
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Redevelopment Project | 89 Ludlow St, New York, NY 10002
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