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4 Bleecker Street

Reuven Salman Leases Retail Space At 4 Bleecker Street To Mellow Bar Nails For $240/ft
LEASEDRetail

Reuven Salman Leases Retail Space At 4 Bleecker Street To Mellow Bar Nails For $240/ft

4 Bleecker Street

$240

$240/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Jul 8, 2026

AI

The retail asset located at 4 Bleecker Street in the Soho market has a square footage of 1,200 and is subject to a modified gross lease. The asking rent for the property is set at $240 per foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $240/ft
  • Lease Term: 10 years
  • Landlord: Reuven Salman
  • Tenant: Mellow Bar Nails
  • Brokers: Ben Biberaj - IPRG Retail Leasing & Joseph Sobolov - Investment Property Realty Group

Ben Biberaj and Joseph Sobolov played key roles in facilitating the lease transaction, representing their respective brokerage firms. Their expertise contributed to the successful agreement between the landlord and tenant.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

200 deals

Broker

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