Xing Fu Tang Leases Retail Space In Greenwich Village At 154 Bleecker Street
154 Bleecker Street
$175
$175/SF
Building Size
1,904 SF
Asset Type
Retail
Closing
May 20, 2024
About this deal
AI
The retail property at 154 Bleecker Street in Greenwich Village has been leased to Xing Fu Tang. The lease involves an asking rent of $175 per square foot for a space measuring 1,904 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 154 Bleecker Street
- Market: Greenwich Village
- Landlord: Ray Chalme - Broad Street Development
- Tenant: Xing Fu Tang
- Landlord's Rep: Carolina Aziz, Ike Bibi & Brandon Berger - KSR
- Asking Rent: $175/ft
- SF: 1,904
- Lease Type: Retail Lease
Carolina Aziz, Ike Bibi, and Brandon Berger from KSR represented the landlord, Ray Chalme of Broad Street Development, in this retail lease transaction.
On the Map
$175
$175/SF
Retail
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93