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184 Bleecker Street

Motek Signs 15-Year Lease For 3,900 Square Feet At 184 Bleecker Street In Greenwich Village
LEASEDRetail

Motek Signs 15-Year Lease For 3,900 Square Feet At 184 Bleecker Street In Greenwich Village

184 Bleecker Street

Building Size

3,900 SF

Asset Type

Retail

Closing

Nov 19, 2025

AI

The property asset involved in this transaction is a retail space located at 184 Bleecker Street in the Greenwich Village market. The retail space encompasses 3,900 square feet, providing a significant area for commercial activities.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Lease Term: 15 years
  • Landlord: David Gleitman - TARGO Capital Partners
  • Tenant: Charlie Levy - Motek
  • Broker: Carolina Aziz & Samuel Chera - KSR

The key individuals involved in the deal include David Gleitman representing TARGO Capital Partners as the landlord, and Charlie Levy as the tenant for Motek. The brokerage service was provided by Carolina Aziz and Samuel Chera from KSR, facilitating this lease transaction.

Players

Carolina Aziz

Kassin Sabbagh Realty

Broker

$24.8M

vol

96 deals

Broker
David Gleitman

David Gleitman

TARGO Capital Partners

Landlord

$243.6M

vol

12 deals

Landlord

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