Debra Kalimian Leases Retail Space To Naked Cashmere At 353 Bleecker Street In West Village
353 Bleecker Street
$500
$500/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Apr 30, 2025
AI
The property asset involved in the transaction is located at 353 Bleecker Street in the West Village. This retail space spans 1,000 square feet with an asking rent of $500 per square foot. It operates under a modified gross lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $500/ft
- Address: 353 Bleecker Street
- Market: West Village
- Landlord: Debra Kalimian
- Tenant: Naked Cashmere
- Landlord's Representative: Peter Whitenack & Robert Cohen - Newmark
- Tenant's Representative: Mark Kapnick & Jordan Cohen - Lee & Associates
Key individuals in this transaction include Mark Kapnick and Jordan Cohen, who represented the tenant, Naked Cashmere, while Peter Whitenack and Robert Cohen represented the landlord, Debra Kalimian. Mark Kapnick, executive vice president and principal at Lee & Associates NYC, noted the appeal of Bleecker Street as a premier retail destination alongside other high-end brands.
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
31726.00%
Cash-on-Cash
-9067.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93