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156 Bleecker Street

Acram Group Acquires Retail Condo At 156–168 Bleecker Street For $21.25M In Greenwich Village
SOLDRetail

Acram Group Acquires Retail Condo At 156–168 Bleecker Street For $21.25M In Greenwich Village

156 Bleecker Street

$21,250,000

$771/SF

Building Size

27,541 SF

Asset Type

Retail

Closing

Feb 26, 2026

AI

The retail condo located at 156–168 Bleecker Street in Greenwich Village was sold for $21,250,000. This property spans 27,541 square feet, resulting in a price per square foot of $771. The asset was marketed on behalf of the CMBS bondholders following a foreclosure.

Summary of transaction details:

The brokers representing the deal include Adam Steiner and Eric Michael Anton from Marcus & Millichap, along with David Tobin, Pierre Bonan, and Spencer Kirsch from Mission Capital Advisors. They facilitated the transaction for the buyer, Acram Group.

Players

David Tobin

Broker

$134.2M

vol

4 deals

Broker
AG
Acram GroupBuyer

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.75%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93