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228 Bleecker Street

Deep Purpl Acai Leases Retail Space At 228 Bleecker, Manhattan With Ben Biberaj & Sammy Weiss - Meridian Capital Leasing
LEASEDRetail

Deep Purpl Acai Leases Retail Space At 228 Bleecker, Manhattan With Ben Biberaj & Sammy Weiss - Meridian Capital Leasing

228 Bleecker Street

$240

$240/SF

Building Size

650 SF

Asset Type

Retail

Closing

Sep 1, 2022

AI

The retail space at 228 Bleecker in Manhattan has been leased in a deal brokered by Ben Biberaj and Sammy Weiss of Meridian Capital Leasing. The landlord, Force Capital, has secured Deep Purpl Acai as the tenant for this property.

Summary of transaction details:

  • Property Type: Retail
  • Address: 228 Bleecker, Manhattan
  • Market: Manhattan
  • Landlord: Force Capital
  • Tenant: Deep Purpl Acai
  • Brokers: Ben Biberaj & Sammy Weiss - Meridian Capital Leasing

The deal, which took place on September 1, 2022, involved a lease agreement for the retail space. The asking rent for the 650 square foot property was $240 per square foot. No additional details are available about this transaction.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
FC
Force CapitalLandlord

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

66095.83%

Cash-on-Cash

-18890.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93