Casa Fuego Signs Retail Lease At 99 Stanton Street With Landlord Jigar An
99 Stanton Street
$120
$120/SF
Building Size
5,300 SF
Asset Type
Retail
Closing
Apr 29, 2026
AI
The asset involved in this transaction is a retail property located at 99 Stanton Street in the Lower East Side market. The premises span 5,300 square feet and feature a turnkey kitchen, dining room, and a private second-floor bar. The asking rent for the space is set at $120 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $120/ft
- Address: 99 Stanton Street
- Market: Lower East Side
- Square Footage: 5,300
- Landlord: Jigar An
- Tenant: Casa Fuego
- Landlord's Representative: Tyler Zar, Talia Zar & Moshe Schultz - Titan Group New York
- Tenant's Representative: Youri Jean Pierre - Momentum Realty Group
- Lease Type: Retail Lease
Titan Group New York facilitated the leasing of this restaurant space to Casa Fuego, which is operated by a four-location operator. The representation from Youri Jean Pierre at Momentum Realty Group was acknowledged positively in the negotiation process, highlighting a collaborative effort between the involved parties.
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