Taqueria Emilio Leases Retail Space At 168 Avenue B In East Village At $180 Per Ft
168 Avenue B
$180
$180/SF
Building Size
500 SF
Asset Type
Retail
Closing
Feb 28, 2026
About this deal
AI
The property involved in this transaction is a retail space located at 168 Avenue B in the East Village market. It is leased under a ground lease for a square footage of 500 and has an asking rent of $180 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90,000
- Lease Type: Ground Lease
- Landlord: Neuhauser Family
- Tenant: Taqueria Emilio
- Landlord's Representative: Adam Lavian & Talia Zar - Titan Group New York
- Tenant's Representative: Michael Escava - Meridian Capital Group
- Date of Transaction: 3/1/2026
This transaction was facilitated by Titan Group New York representing the landlord, while Meridian Capital Group represented the tenant. The collaboration in this deal was notable, especially the ongoing working relationship between Adam Lavian, Talia Zar, and Michael Escava.
On the Map
$180
$180/SF
Retail
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Players
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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93