Steven Croman Leases Mixed-Use Space At 99 Third Avenue To Two Cookies For $1,600/ft
99 Third Avenue
$1,600
$1,600/SF
Building Size
30 SF
Asset Type
Mixed-use
Closing
Sep 26, 2026
About this deal
AI
The mixed-use property located at 99 Third Avenue in the East Village, Manhattan, was leased at an asking rent of $1,600 per square foot, encompassing a total of 30 square feet. The lease agreement is set for a term of 10 years under a modified gross lease structure.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,600/ft
- Square Footage: 30
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Steven Croman
- Tenant: Two Cookies
- Broker: Mark Golberg - Tahari Realty
Mark Golberg from Tahari Realty represented the leasing transaction for the property, facilitating the agreement between landlord Steven Croman and tenant Two Cookies. The deal highlights the active leasing market in the East Village area.
On the Map
$1,600
$1,600/SF
Mixed-use
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Players
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
9914.38%
Cash-on-Cash
-2833.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93