156-Bleecker-Street

Marcus & Millichap Arranges $21.3 Million Sale of Retail Condominium in Manhattan

by Abby Cox

New York City — Marcus & Millichap has arranged the $21.3 million sale of 156-168 Bleecker Street, a 27,541-square-foot retail condominium located in the Greenwich Village neighborhood of Manhattan. Mission Capital, a subsidiary of Marcus & Millichap Capital Corp. (MMCC), arranged acquisition financing. Eric Anton and Adam Steiner of Marcus & Millichap, along with David Tobin, Spencer Kirsch and Pierre Bonan of Mission Capital, represented the seller and procured the buyer in the transaction.

Built in 1896, 156-168 Bleecker Street includes eight retail suites totaling 26,752 square feet and a single, 789-square-foot residential unit. Tenants at the property, which was 79 percent leased at the time of sale, include Li-Lac Chocolates, CVS Pharmacy, Chase Bank and Le Poisson Rouge.

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