Citizens Coffee Signs Lease For Retail Space At 155 Bleecker Street In Greenwich Village
155 Bleecker St, New York, NY 10012, USA
Building Size
1,300 SF
Asset Type
Retail
Closing
Jul 17, 2019
About this deal
AI
The property involved in this closed transaction is located at 155 Bleecker Street in Greenwich Village. The retail asset spans 1,300 square feet and was transacted at a price of $230 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Greenwich Village
- Address: 155 Bleecker Street
James Famularo from Meridian Capital Group acted as the representative of the landlord, @HUBBNYC, in this deal. On the other side, Marc Sitt and Teddy Ashkenazi from Kassin Sabbagh Realty represented the tenant, Citizens Coffee.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · 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