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11 Avenue B

Kaliva Convenience Leases Retail Space At 11 Avenue B In East Village From Steven Croman
LEASEDRetail

Kaliva Convenience Leases Retail Space At 11 Avenue B In East Village From Steven Croman

11 Avenue B

$99

$99/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Sep 8, 2025

AI

The asset involved in this transaction is a retail property located at 11 Avenue B in the East Village, Manhattan. The asking rent for this space, which spans 1,200 square feet, is set at $99 per foot. The lease type agreed upon in this transaction is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $99/ft
  • Address: 11 Avenue B
  • Market: East Village, Manhattan
  • Lease Type: Modified Gross Lease
  • Landlord: Steven Croman
  • Tenant: Kaliva Convenience
  • Broker: Elliot Wygoda - Meridian Capital Group
  • Square Footage: 1,200

This transaction highlights the engagement of key individuals where Steven Croman is noted as the landlord, while Kaliva Convenience enters as the tenant. The broker managing this deal is Elliot Wygoda of Meridian Capital Group, ensuring the transaction's facilitation within the retail market sector.

Players

Elliot Wygoda

Meridian Capital Group

Broker

$5.3M

vol

63 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

160232.32%

Cash-on-Cash

-45794.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93