Schechtman, Lieberman and Kassin of Meridian chosen to market sale of two NoHo retail properties

Manhattan, NY 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 St., in the NoHo area. Meridian senior executive managing director, David Schechtman, managing director, Lipa Lieberman, and director, Abie Kassin, are marketing the property. The property, 25 Bond St., is composed of two contiguous retail condominiums, located at the intersection of NoHo and Greenwich Village. The first condominium occupies 2,070 s/f and the second occupies 740 s/f. 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 St. 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,” Schechtman said. “The imminent lease expiration of one of the two stores makes this a very attractive near term growth opportunity."