Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has been exclusively retained to sell two retail condominium properties located on Bond Street, in the NoHo area of New York City. Meridian Senior Executive Managing Director, David Schechtman, Managing Director, Lipa Lieberman, and Director, Abie Kassin, are marketing the property.
The property, 25 Bond Street, is composed of two contiguous retail condominiums, located at the intersection of NoHo and Greenwich Village. The first condominium occupies 2,070 square feet and the second occupies 740 square feet. With approximately 60 feet of frontage along Bond Street, each space maximizes visibility on a street which is a destination unto itself. The condominiums sit on the south side of Bond Street between Lafayette Street and Bowery, and are within walking distance to public transportation, including the 6, B, D, F, and M subway line.
NoHo is characterized by loft buildings, restaurants and bars, luxury retail and architecture, both new and old. The neighborhood has also become a mecca for high-end hotels and condominiums and is known to be one of the most exclusive and prestigious neighborhoods in the world.
“Long undervalued, 25 Bond Street is a proven retail destination with ultra-elite high-end shopping and rents, which are exceptionally lower than SoHo and Tribeca,” Mr. Schechtman explained. “The imminent lease expiration of one of the two stores makes this a very attractive near term growth opportunity,” he added.
Additional information is available from exclusive agent, David Schechtman at (212) 468-5907 or [email protected]