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
About this deal
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.
On the Map
Retail
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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