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156 Bleecker Street

Moge Tee Leases 2401 SF Mixed-Use Space At 156 Bleecker St, New York
LEASEDMixed-use

Moge Tee Leases 2401 SF Mixed-Use Space At 156 Bleecker St, New York

156 Bleecker Street

Building Size

2,401 SF

Asset Type

Mixed-use

Closing

Jul 19, 2019

AI

The leased property located at 156 Bleecker St, New York, NY, 10012, is a mixed-use asset spanning 2,401 square feet. The landlord, JMC Holdings, finalized a lease agreement with the tenant, Moge Tee, on July 19, 2019. Mark Kapnick of Lee & Associates represented the landlord in this transaction.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: Not Applicable
  • Market: New York

Mark Kapnick, from Lee & Associates, served as the landlord's representative in the lease agreement with Moge Tee for the mixed-use property at 156 Bleecker St. This deal showcases the active real estate market in New York.

Players

Mark Kapnick

Lee & Associates

Broker

$52M

vol

14 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93