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319 Bowery

Sozo Bowery Leases Retail Space At 319 Bowery With Landlord Steven Croman For 10 Years
LEASEDRetail

Sozo Bowery Leases Retail Space At 319 Bowery With Landlord Steven Croman For 10 Years

319 Bowery

$160

$160/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Dec 30, 2025

AI

The property asset involved in this transaction is a retail lease located at 319 Bowery in the Noho market. The asking rent for this asset is $160 per square foot, encompassing a total area of 2,000 square feet. The lease term is established for 10 years under a modified gross lease structure.

Summary of transaction details:

This transaction features key individuals such as Steven Croman as the landlord and Sozo Bowery as the tenant, with representation from Mark Golberg, Jack Sash Basora, and Aryeh Vilinsky of Tahari Realty for the landlord, and Samuel Mukamal of Meridian Capital Group for the tenant.

Players

Aryeh Vilinsky
Verified Badge

Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage
Tahari Realty
Tahari RealtyBrokerage

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

99143.75%

Cash-on-Cash

-28335.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93