Smoke & CBD Outlet Signs 10-Year Lease At 257 Bleecker Street In West Village With Brokers Eliot Goldschmidt & James Famularo
257 Bleecker St, New York, NY 10014, USA
Building Size
700 SF
Asset Type
Other
Closing
Sep 8, 2020
AI
The property involved in this transaction is located at 257 Bleecker Street in the West Village market. The asking price is set at $240 per square foot for a total area of 700 square feet, which includes a basement. The lease term for this property spans 10 years, with 9300 Realty as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $240/ft.
- Square Footage: 700 SF (including basement)
- Address: 257 Bleecker Street
- Market: West Village
- Term: 10 years
- Landlord: 9300 Realty
- Tenant: Smoke & CBD Outlet
- Brokers: James Famularo & Eliot Goldschmidt @Meridian.Capital.Group
James Famularo and Eliot Goldschmidt represented the deal for Smoke & CBD Outlet as the brokers from Meridian Capital Group. Their involvement facilitated the lease agreement for the tenant in this notable transaction.
Players
New York Other Market Snapshot
Boundary boundary · Other · 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