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A 3.5 story corner commercial building which has a store on the ground floor and a full basement below. The upper two floors are floor through lofts. 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.
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. The ground floor has 11’ ceilings with a front entrance on Grand and a side entrance on Ludlow Street. This floor has 12’ ceilings and has loft like open space. 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.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 197,524 | 1,124,814 | 2,717,047 | |
| Population Median Age | 42 | 37 | 38 | |
| Population by Age | 0-9 Yrs | 12484 (6%) | 114551 (10%) | 293498 (10%) |
| 10-19 Yrs | 15129 (7%) | 85959 (7%) | 223277 (8%) | |
| 20-29 Yrs | 39766 (20%) | 228315 (20%) | 504380 (18%) | |
| 30-39 Yrs | 35125 (17%) | 256907 (22%) | 567674 (20%) | |
| 40-49 Yrs | 24150 (12%) | 142157 (12%) | 353954 (13%) | |
| 50-59 Yrs | 22694 (11%) | 109222 (9%) | 292995 (10%) | |
| 60-69 Yrs | 22610 (11%) | 96278 (8%) | 242844 (8%) | |
| 70+ Yrs | 25566 (12%) | 91426 (8%) | 238426 (8%) | |
| Median HH Income | $60,842 | $106,301 | $90,282 | |
| Total Household Income | < 24K | 27774 (29%) | 94767 (18%) | 223331 (18%) |
| 25-49K | 14361 (15%) | 58960 (11%) | 163219 (13%) | |
| 50-74K | 10169 (10%) | 50881 (9%) | 140187 (11%) | |
| 75-99K | 8068 (8%) | 46961 (8%) | 121782 (10%) | |
| 100-199K | 18222 (19%) | 135597 (25%) | 299079 (24%) | |
| 200K+ | 14834 (15%) | 137612 (26%) | 254780 (21%) | |
| Highest Education Level | No Diploma | 33664 | 88079 | 236104 |
| Diploma or GED | 22555 | 94835 | 323171 | |
| Some College | 13409 | 70676 | 203617 | |
| Assoc. Degree | 5841 | 26233 | 83996 | |
| Bachelors Degree | 48879 | 313253 | 648812 | |
| Higher Degree | 30487 | 255363 | 530942 | |
| Total Housing Units | 103,376 | 594,505 | 1,368,601 | |
| --Owner-Occupied | 15,750 | 128,382 | 313,221 | |
| --Renter-Occupied | 77,678 | 396,396 | 889,156 | |
| Owner-Occupied Values | < 100K | 1042 | 4547 | 9335 |
| 100-199K | 269 | 3018 | 8401 | |
| 200-299K | 334 | 3158 | 14003 | |
| 300-399K | 637 | 4879 | 19578 | |
| 400-499K | 935 | 6763 | 21051 | |
| 500K+ | 12533 | 106017 | 240853 | |
| Total Working Age Population | 177,544 | 963,789 | 2,290,761 | |
| In Work Force | 107,710 | 689,423 | 1,607,928 | |
| Not In Work Force | 69,834 | 274,366 | 682,833 | |
| Workforce Employed | 102,304 | 657,781 | 1,530,878 | |
| Workforce Unemployed | 5,384 | 31,438 | 76,476 | |
| Civlian Workforce | 107,688 | 689,219 | 1,607,354 | |
| Military Workforce | 22 | 204 | 574 | |
| Total Households | 93,428 | 524,778 | 1,202,377 | |
| Family Households | 38,456 | 222,832 | 573,940 | |
| Non-Family Households | 54,972 | 301,945 | 628,437 | |
| Married Couple | 25,318 | 166,063 | 395,779 | |
| Other Family | 13,138 | 56,769 | 178,161 | |
| Married w/Child | 7,161 | 65,666 | 161,500 | |
| Single Male w/Child | 651 | 4,193 | 15,098 | |
| Single Female w/Child | 3,679 | 17,962 | 56,728 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| New Jersey | 8,414,350 | +4 | 8,791,894 | +4 | 9,132,700 | +4 | 9,530,900 |
| Bergen County | 884,118 | +2 | 905,116 | +7 | 967,500 | +7 | 1,031,500 |
| Hudson County | 608,975 | +4 | 634,266 | +12 | 708,100 | +6 | 747,400 |
| New York | 18,976,457 | +2 | 19,378,102 | +4 | 20,146,131 | +2 | 20,604,030 |
| Kings County | 2,465,326 | +2 | 2,504,700 | +9 | 2,738,283 | +5 | 2,863,996 |
| New York County | 1,537,195 | +3 | 1,585,873 | +6 | 1,688,894 | +2 | 1,727,631 |
| Queens County | 2,229,379 | 0 | 2,230,722 | +9 | 2,436,549 | +5 | 2,565,268 |