Bleecker Gelato Leases Retail Space At 189 Bleecker Street In West Village
189 Bleecker Street
$250
$250/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Apr 2, 2024
About this deal
AI
The retail property located at 189 Bleecker Street in West Village has been leased to Bleecker Gelato. The lease, facilitated by brokers Jack Hamadani and Samuel Chera of KSR, involved a retail space measuring 1,100 square feet with an asking rent of $250 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 189 Bleecker Street
- Market: West Village
- Landlord: Buchbinder & Warren
- Tenant: Bleecker Gelato
- Brokers: Jack Hamadani & Samuel Chera - KSR
- Lease Type: Retail Lease
- Asking Rent: $250/ft
- SF: 1,100
The deal was successfully closed between Buchbinder & Warren, the landlords, and Bleecker Gelato, the new tenants for the retail space. Jack Hamadani and Samuel Chera played key roles as brokers, ensuring a smooth transaction for both parties involved.
On the Map
$250
$250/SF
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
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93