Figaro Cafe Signs Lease At 184 Bleecker Street In Greenwich Village
184 Bleecker Street, New York, NY, USA
Building Size
2,500 SF
Asset Type
Retail
Closing
Jan 7, 2021
About this deal
AI
The retail property located at 184 Bleecker Street in Greenwich Village has recently been leased. The tenant, Figaro Cafe, will occupy the space, while the landlords, Fred Grand and Sina Mahfar, have facilitated the transaction. The leasing process was handled by James Famularo from Meridian Retail Leasing, who represented the tenant in the deal.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $220 per square foot
- Square Footage: 2,500 square feet
- Date: 01/08/2021
James Famularo from Meridian Retail Leasing played a crucial role in securing the lease for Figaro Cafe at 184 Bleecker Street in Greenwich Village. His expertise and negotiation skills were instrumental in finalizing the deal between the tenant and the landlords, Fred Grand and Sina Mahfar.
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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