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TARGO Capital Partners Acquires Mixed-Use Properties In Greenwich Village For $14.5M

Property Image
SOLD
$14,500,000
Jacob Harooni
David Gleitman
+ 1

New York

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Mixed-use12,087 SF
Sold 08/09/2022
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Property Image
SOLD

TARGO Capital Partners Acquires Mixed-Use Properties In Greenwich Village For $14.5M

184-186 Bleecker Street

See Similar Deals
Mixed-use12,087 SF
Sold 08/09/2022
Jacob Harooni
David Gleitman
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,199
Total Square Footage:12,087 SF
Transaction Type:Sale

184-186 Bleecker Street, located in Greenwich Village, has been sold in a recent transaction. This mixed-use property encompasses a total of 12,087 square feet. The sale price for the property was $14,500,000, resulting in a price per square foot of $1,199. The buyer of the property is TARGO Capital Partners, represented by David Gleitman and Adam Basuljevic. The seller of the property is SMA Equities. The transaction was facilitated by brokers Matthew Homapour and Jacob Harooni from SP Capital Group.

Summary of Transaction Details

  • Property Type: Mixed-use
  • Transaction Amount: $14,500,000
  • Address: 184-186 Bleecker Street
  • Market: Greenwich Village
  • Buyer: TARGO Capital Partners - David Gleitman & Adam Basuljevic
  • Seller: SMA Equities
  • Brokers: Matthew Homapour & Jacob Harooni - SP Capital Group
  • Square Footage: 12,087
  • Price per Square Foot: $1,199

TARGO Capital Partners, through David Gleitman and Adam Basuljevic, purchased these two adjacent mixed-use properties in Greenwich Village. The properties were acquired off-market and offer potential for value-add in the apartments. This acquisition marks TARGO's sixth purchase in Downtown Manhattan within the last 18 months. They remain interested in acquiring multifamily and mixed-use assets in prime Manhattan neighborhoods. For any further investment opportunities, interested parties can reach out to Matthew Homapour and Jacob Harooni from SP Capital Group.

Players

Jacob Harooni
10 deals$52.1M volume(212) 343-3042
BROKER

Matthew D. Homapour
SP Capital Group
3 deals$44.6M volume
BROKER

David Gleitman
12 deals$243.6M volume
BUYER


SMA Equities
SELLER

Details

SOLD
IMAGE: Jacob Harooni, David Gleitman, Adam Basuljevic & Matthew Homapour DATE: 08/09/2022 ADDRESS: 184-186 Bleecker Street MARKET: Greenwich Village ASSET TYPE: Mixed-use BUYER: TARGO Capital Partners (@targocp) - David Gleitman (@DavidGleitman) & Adam Basuljevic (@AdamBasuljevic) SELLER: SMA Equities BROKERS: Matthew Homapour (@Mattd213) & Jacob Harooni (@JacobHarooni) - SP Capital Group (@SPCapitalGroup) SALE PRICE: $14,500,000 SF: 12,087 ~ PPSF: $1,199 NOTE FROM BUYER: Two tax class 2B mixed-use properties purchased at a 5.3% in-place cap rate with remaining value-add in the apartments. Properties are adjacently situated on the most iconic corner in Greenwich Village, & were acquired off-market. This marks TARGO’s sixth acquisition in Downtown Manhattan over the past 18 months. We continue to look for multifamily & mixed-use assets in prime Manhattan neighborhoods. Please send all deals to [email protected]. For additional off-market investment opportunities throughout the 5 boroughs, please reach out to Matthew & Jacob: 👤Matthew D. Homapour, Esq. ☎️ (347) 486-4467 📧 [email protected] 👤Jacob Harooni ☎️(212) 343-3042 📧 [email protected]

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