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304 East 5th Street

Rony Kravel Leases Retail Space To Aliens Of Brooklyn At 304 East 5th Street
LEASEDRetail

Rony Kravel Leases Retail Space To Aliens Of Brooklyn At 304 East 5th Street

304 East 5th Street

$200

$200/SF

Building Size

300 SF

Asset Type

Retail

Closing

Apr 20, 2026

AI

The retail asset located at 304 East 5th Street in the East Village, Manhattan, encompasses a total square footage of 300. The asking rent for this property is set at $200 per square foot. The lease type is classified as a Single Net Lease.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $60,000
  • Landlord: Rony Kravel
  • Tenant: Aliens of Brooklyn
  • Landlord's Representative: James Famularo & Bobby Ortense - Meridian Capital Group
  • Tenant's Representative: Noam Aziz & Michael Escava - Meridian Capital Group
  • Lease Date: 4/21/2026

This transaction involves key individuals including Rony Kravel, representing the landlord, and Aliens of Brooklyn as the tenant. The landlord was represented by James Famularo and Bobby Ortense, while the tenant's representation was provided by Noam Aziz and Michael Escava, all associated with Meridian Capital Group.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

367 deals

Broker

Rony Kravel

Landlord

$237.2M

vol

10 deals

Landlord

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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93