SNS BLISS Leases Retail Space At 199 East 3rd Street From Landlord Steven Croman
199 East 3rd Street
$120
$120/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Dec 21, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 199 East 3rd Street in the East Village. The lease term is for 10 years under a modified gross lease, with an asking rent of $120 per square foot for 1,000 square feet of space.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Steven Croman
- Tenant: SNS BLISS
- Brokers: Jack Sash Basora, Aryeh Vilinsky & Mark Golberg - Tahari Realty
The individuals involved in the deal include Steven Croman as the landlord and SNS BLISS as the tenant. Jack Sash Basora, Aryeh Vilinsky, and Mark Golberg from Tahari Realty represent the landlords in this transaction.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93