Meridian Capital Group
Meridian Investment Sales

159-161 Bleecker Street

159-161 Bleecker Street

Greenwich Village

20 luxury free market residential apartments with commercial use on the second floor sold

Asking Pricing $36,000,000
Type Mixed-Use
Neighborhood Greenwich Village
Lot Size 5,000 Square Feet
Size 30,295 Square Feet
Stories 8
Units 30,295 Square Feet

Investment Highlights:

Meridian Investment Sales is pleased to present for sale 159- 161 Bleecker Street, a 30,295 net rentable square foot mixed-use building. Greenwich Village is one of the most prestigious neighborhoods in the world and serves as New York City’s cultural epicenter. Anchored by Washington Square Park and New York University’s expansive campus, the neighborhood offers premier dining, retail, and entertainment options and has long attracted significant demand from investors and residents alike.

The Property, benefiting from 50’ of frontage along Bleecker Street, features 8,439 square feet of prime retail across the ground, lower level, and mezzanine levels, office space on the balance of the mezzanine and second floor levels, and 20 luxury free market residential apartments on the second through eighth floors. The Offering has a projected Net Operating Income of $1.78 million providing investors with significant cash flow with contractual rental increases.