Listed by McLellan Realty
$4,888,000
Details
Property Type Mixed Use
Sub Type Commercial
Square Footage 8,700
Stories 3
Zoning (FAR) C6-2: (6.0) R8 Equivalent (6.02) Height Limit 120'
Ceiling Height 8'-12'
Mixed Use | 8,700 SqFt
Marketing description
A three story corner commercial building which has a store on the ground floor with a full basement. The upper two floors are being used for storage. The building has a side entrance, fire escape and windows on Ludlow Street.
The building is a prime user opportunity for a restaurant, pharmacy, art gallery, a supermarket can occupy the first and second floors and use the third as an office. The property is in need of a complete gut renovation and is being sold in “as is” condition. The property is also a prime development opportunity, and can be used for commercial and mixed use. The building is landmarked.
Basement: The basement is built full with 8’ ceilings; there is access to the basement from inside and outside the building. The building has one gas and one electric meter which are in the basement.
Ground Floor: The ground floor has 11’ ceilings with a front entrance on Grand and a side entrance on Ludlow Street.
Second Floor: This floor has 12’ ceilings and has loft like open space.
Third Floor: The third floor has 10’ ceilings with access to the back which leads to the roof. Above the third floor is the attic which has never been used and is covered by the pitch roof.
The building is a prime user opportunity for a restaurant, pharmacy, art gallery, a supermarket can occupy the first and second floors and use the third as an office. The property is in need of a complete gut renovation and is being sold in “as is” condition. The property is also a prime development opportunity, and can be used for commercial and mixed use. The building is landmarked.
Basement: The basement is built full with 8’ ceilings; there is access to the basement from inside and outside the building. The building has one gas and one electric meter which are in the basement.
Ground Floor: The ground floor has 11’ ceilings with a front entrance on Grand and a side entrance on Ludlow Street.
Second Floor: This floor has 12’ ceilings and has loft like open space.
Third Floor: The third floor has 10’ ceilings with access to the back which leads to the roof. Above the third floor is the attic which has never been used and is covered by the pitch roof.
Investment highlights
- Location: South west corner of Grand Street and Ludlow Streets
- Block: 309
- Lot: 19
- Lot Size: 18' x 80'
- Building Size:
- Basement:------18' x 80' = 1,440
- First Floor: -----18' x 80' = 1,440
- Second Floor:--18' x 80' = 1,440
- Third Floor:-----18' x 80' = 1,440--
- Stories: Three (3) Plus Full Basement
- Gross Square Feet: 4,320 approximately
- Zoning: (FAR) C6-2: (6.0) R8 Equivalent (6.02) Height Limit 120'
- Buildable Square Feet: 8,700
- Available Air Rights: 4,380
- Assessment: (24/25) $460,260
- Taxes: (24/25) $49,533.20
Listing Contacts
Listed by McLellan Realty
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