55 Ludlow St. #BLD

This is a fantastic, stand-out opportunity for a single family townhouse conversion in the Lower East Side. The property has 5 FULL FLOORS plus FULL GROUND FLOOR RETAIL and FULL BASEMENT. The floorplan would also make for an easy conversion to full-floor lofts with keyed elevator. With additional air rights, perfect for roof-deck or pop-up penthouse, working elevator, rare curb cut, and delivered vacant, this premium property is in high demand.

PRICE: $5,550,000
DELIVERED VACANT & OWNER WILL FINANCE

Building Size………………9420 sf
Building Dimensions…..20 ft X 79 ft
Lot Size………………………1750 sf
Zoning………………………..C6-2
FAR as Built………………..5.38
Max FAR……………………..6.02
Air Rights……………………1100 sf
Historic Landmark……….None
Year Built……………………1910
Estimated Taxes………….$28,814

NEIGHBORHOOD:
The Lower East Side is where Classic Architecture meets Contemporary Art and where Vintage meets Vogue. It encompasses and neighbors some of the most exciting and versatile neighborhoods in the world including Chinatown, Little Italy, Nolita, the East Village, the South Street Seaport, and Two Bridge areas. Once a cluster of working class tenements, the Lower East Side has transformed from a diamond in the rough to a residential and retail center of gravity in Lower Manhattan. The area is diversified with a variety of galleries, restaurants, bars, and boutiques, and attracts a diverse trendy crowd.

CONTACT:
Lisa Bornstein
Tungsten Property
(201) 851 7434
LisaB@Tungstenproperty.com