Fragrance Factory Leases Retail Space At 355 Bleecker Street, West Village
355 Bleecker Street, New York City, New York 10012, United States
Building Size
1,400 SF
Asset Type
Retail
Closing
Feb 28, 2022
AI
Located in the West Village, the retail property at 355 Bleecker Street has recently been leased. The transaction took place on March 1, 2022. The space spans a total of 1,400 square feet and was listed with an asking rent of $165 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Date: March 1, 2022
- Address: 355 Bleecker Street
- Market: West Village
- Asking Rent: $165/ft.
- Square Footage: 1,400
The property was leased by Fragrance Factory, representing the tenant in the deal. The landlord, Alex Safa, was represented by Cooper Katz from ABS Partners Real Estate. The tenant's representative in the transaction was Albert Halawani from KSR.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93