Commercial Real Estate & Advisory

Korean restaurant arrives in West Village

By REW | January 14, 2016

A new Korean restaurant is set to open in the Village.

Kimchi Restaurant signed a lease for space at 102 MacDougal (aka 185 Bleecker Street) that includes 1,317 s/f on the ground and a 400 s/f basement.

The 15-year lease was signed close to the asking rent of $22,500 month, according to Sinvin Realty’s Steve Rappaport, who represented the landlord, Matthew Adams Properties. Michael Joo, of UD Real Estate, represented the tenant.

“This section of the Village is undergoing a sea change and we had multiple offers for the space,ˮ said Rappaport.

“Korean cuisine, popular and healthy, but under-represented in the area, seemed a natural complement to our Bleecker Street corner tenant, the vegan restaurant byChole.ˮ