Isalis LLC Leases Retail Space At 353 Bleecker Street In West Village
353 Bleecker Street
$272
$272/SF
Building Size
550 SF
Asset Type
Retail
Closing
Jul 29, 2022
AI
A retail space located at 353 Bleecker Street in the West Village has been leased. The property, measuring approximately 550 square feet, was leased by Isalis LLC. The lease deal was facilitated by Alex Imperatore from Meridian Retail Leasing, representing Isalis LLC, and the landlord was represented by Newmark. The asking rent for the space was $272 per square foot.
Summary of transaction details:
- Property Type: Retail
- Address: 353 Bleecker Street
- Market: West Village
- Tenant: Isalis LLC
- Tenant's Representative: Alex Imperatore - Meridian Retail Leasing
- Landlord's Representative: Newmark
- Asking Rent: $272/ft. ~ SF: 550
Alex Imperatore from Meridian Retail Leasing played a key role in representing Isalis LLC in the lease deal for the retail space at 353 Bleecker Street. Meanwhile, the landlord was represented by Newmark. This transaction demonstrates the successful collaboration between these key individuals and companies in the West Village retail market.
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
58319.85%
Cash-on-Cash
-16667.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93