Map of Property

138-140 Ludlow Street, New York, NY 10002

For Sale

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

This New York property for sale is located at 138-140 Ludlow Street, New York, New York, 10002. The current listed sale price for 138-140 Ludlow Street, New York, NY 10002 is $23,500,000. 138-140 Ludlow Street, New York, NY 10002 is situated on a lot that is 0.1 acre in size.

Contacts

broker
Michael DeCheser

Cushman & Wakefield

broker
Bryan Hurley

Cushman & Wakefield

Property Details

  • Property Type Unassigned
  • Lot Size 0.1 Acre
  • Year Built 1920
  • Date Updated Feb 20, 2025
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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 100/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 97/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Food Stop

    0.07 miles

  • Marshalls

    0.14 miles

  • Union Market

    0.17 miles

  • Trader Joe's

    0.30 miles

  • Target

    0.30 miles

  • Key Food

    0.30 miles

  • Whole Foods Market

    0.33 miles

  • Fine Fare Supermarket

    0.34 miles

  • 4th Street Deli

    0.34 miles

  • Bulletin Nolita

    0.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 138-140 Ludlow Street, New York, NY 10002
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.