Good Time NYC Leases Retail Space At 99 3rd Avenue For 10 Years With Landlord Steven Croman
99 3rd Avenue
$200
$200/SF
Building Size
300 SF
Asset Type
Retail
Closing
Oct 30, 2025
About this deal
AI
This transaction involves a retail property located at 99 3rd Avenue in the East Village market. The asset is situated on a 300 square foot space with an asking rent of $200 per square foot. The lease term is set for 10 years under a modified gross lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Steven Croman
- Tenant: Good Time NYC
- Brokers: Aryeh Vilinsky - Tahari Realty; Desi Avidane & Ben Biberaj - IPRG Retail Leasing
The deal was facilitated by brokers Aryeh Vilinsky, who represented Tahari Realty, alongside Desi Avidane and Ben Biberaj from IPRG Retail Leasing, highlighting a team effort in securing the lease arrangement between the landlord and tenant.
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