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
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