Investment Offering : 113 Ludlow Street , New York , NY Asset Overview 113 Ludlow Street is a three-story mixed-use masonry building. The Property features a ground-floor commercial storefront with 15 ft. ceilings , a finished basement , and a mezzanine . The upper floors consist of commercial and residential units , including a third-floor two-bedroom apartment . Development & Zoning * Zoning District : C4-4A (Moderate Density Commercial). * Max FAR : 4.0 , providing a total buildable potential approximately 7,000 sq. ft. * Unused Air Rights : Approximately 3,700 sq. ft. of development rights included * Dimensions : The building occupies a 20.37' x 88' lot ( approx. 1,789 sq. ft. ) Location Highlights Situated in Manhattan Lower East Side . the property is located 0.1 miles from the Delancey St-Essex St subway station . The area is characterized by high foot traffic and proximity to established retail and cultural institutions . Investment Highlights * Versatile Tenancy : Multi-tenant configuration suitable for retail , office, or - residential use . * Value-Add Potential : Opportunity for renovation or expansion utilizing existing air rights . * Architectural Features : Historic 1900 construction with 2010 renovations , featuring high 15 ft ceiling on ground floor & basement . EQUAL HOUSING OPPORTUNITY