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178 Bleecker Street

Kevin Wei Leases Retail Space To Moonzescope At 178 Bleecker Street For $120/ft
LEASEDRetail

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

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.

Players

Richard Bailey

RJBRE

Broker

14 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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93