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:
- Property Type: Retail Condo
- Transaction Amount: $21,250,000
- Address: 156–168 Bleecker Street
- Market: Greenwich Village
- Square Footage: 27,541
- Price per Square Foot: $771
- Buyer: Acram Group
- Brokers: Adam Steiner, Eric Michael Anton - Marcus & Millichap; David Tobin, Pierre Bonan & Spencer Kirsch - Mission Capital Advisors
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
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