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2329 1st Avenue

Cali Market Signs 10 Year Lease At 2329 1st Avenue From Landlord Steven Croman
LEASEDMixed-use

Cali Market Signs 10 Year Lease At 2329 1st Avenue From Landlord Steven Croman

2329 1st Avenue

$65

$65/SF

Building Size

1,200 SF

Asset Type

Mixed-use

Closing

Feb 28, 2026

AI

The property involved in this transaction is a mixed-use asset located at 2329 1st Avenue in the East Harlem market. The lease was negotiated at an asking rent of $65 per square foot for a total space of 1,200 square feet. The lease term is set for 10 years and follows a modified gross lease structure.

Summary of transaction details:

The key individuals involved in this lease transaction are Steven Croman representing the landlord, and Cali Market as the tenant. The brokers facilitating the deal are Jack Sash Basora, Mark Golberg, and Aryeh Vilinsky, all associated with Tahari Realty.

Players

Aryeh Vilinsky
Verified Badge

Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker

Jack Sash Basora

Tahari Realty

Broker

$17M

vol

24 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93