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Bleecker Street Market Signs Long-Term Modified Gross Lease At 197 Bleecker Street, Greenwich Village, Manhattan

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LEASED
$300
Ravi Idnani

New York

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Mixed-use
Leased 12/29/2023
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Property Image
LEASED

Bleecker Street Market Signs Long-Term Modified Gross Lease At 197 Bleecker Street, Greenwich Village, Manhattan

197 Bleecker Street

See Similar Deals
Mixed-use
Leased 12/29/2023
Ravi Idnani
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Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Lease

A long-term modified gross lease has been finalized for a mixed-use property located at 197 Bleecker Street in Greenwich Village, Manhattan. The landlord, Ryan Fuld, entered into an agreement with the tenant, Bleecker Street Market, for the space.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: N/A
  • Address: 197 Bleecker Street
  • Market: Greenwich Village, Manhattan

The landlord's representative, Joshua Singer from The Heller Organization, facilitated the deal on behalf of Ryan Fuld. On the other side, Ravi Idnani from Newmark represented the tenant, Bleecker Street Market. The asking rent for the 500 square feet space was $300 per square foot.

Players

Ravi Idnani
67 deals$3M volume(212) 916-2938
BROKER

Joshua Singer
The Heller Organization
13 deals
BROKER

Details

LEASED
IMAGE: Joshua Singer & Ravi Idnani DATE: 12/29/2023 ADDRESS: 197 Bleecker Street MARKET: Greenwich Village, Manhattan ASSET TYPE: Mixed-use LANDLORD: Ryan Fuld TENANT: Bleecker Street Market LANDLORD'S REP: Joshua Singer (@Josh_SingerNYC) - The Heller Organization (@HellerOrg) TENANT'S REP: Ravi Idnani - Newmark (@Newmark) ASKING RENT: $300/ft ~ SF: 500 LEASE TYPE: Modified Gross Lease LEASE TERM: Long term

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Deal Type
Effective Rent (Annual)

$3,439,163.79

Total Lease Value

$34,391,637.93

Net Landlord Cash Flow$3,439,163.79