Kevin Wei Leases Retail Space To Moonzescope At 178 Bleecker Street For $120/ft
178 Bleecker Street
$120
$120/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Apr 5, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 178 Bleecker Street in the Greenwich Village market. The asking rent for the space is set at $120 per square foot, with a total square footage of 1,500. The lease is categorized as a Modified Gross Lease with a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Lease Term: 10 Years
- Address: 178 Bleecker Street
- Market: Greenwich Village
- Landlord: Kevin Wei
- Tenant: Moonzescope
- Landlord's Representative: Richard Bailey - RJBRE
- Tenant's Representative: Albert Jajati - Momentum Realty Group
This transaction involves Kevin Wei as the landlord and Moonzescope as the tenant. Richard Bailey from RJBRE represents the landlord, while tenant representation is provided by Albert Jajati from Momentum Realty Group, facilitating the lease agreement.
On the Map
$120
$120/SF
Retail
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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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93