The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

The 382-384 Bleecker Street retail condominiums – which feature the prestigious Marc Jacobs with LVMH credit until at least 2017 – are now for sale. These two condominiums offer an investor an immediate and dominant position on Greenwich Village’s strongest retail corridor. This northern portion of Bleecker Street serves as the connection between the Meatpacking District and the heart of Greenwich Village, catering to thousands of retail customers on a daily basis. This offering provides an investor in-place income from an established credit tenant with a combined net operating income of $419,582. The offering consists of nearly 1,131 NSF of retail space, plus an additional 876 NSF of storage and outdoor space in an area where retail rents command north of $500 SF.

Located in the heart of the West Village, these two retail condominiums are nestled between other high end retailers such as Polo Ralph Lauren, Tommy Hilfiger, Michael Kors, Black Fleece by Brooks Brothers, Alexis Bittar, Cynthia Rowley, Brunello Cucinelli, Bonpoint, and Jack Spade, among many others.

Click here for listing details.