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722 10th Avenue

Steven Croman Leases Retail Space To 722 Fresh Mart At 722 10th Avenue For 10 Years
LEASEDRetail

Steven Croman Leases Retail Space To 722 Fresh Mart At 722 10th Avenue For 10 Years

722 10th Avenue

$130

$130/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Dec 27, 2025

AI

The retail asset located at 722 10th Avenue, situated in the Hell's Kitchen market, has a lease term of 10 years set under a modified gross lease agreement. The asking rent for this property is $130 per square foot, with a total square footage of 1,000. The landlord for this transaction is Steven Croman, while the tenant is 722 Fresh Mart.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $130/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Address: 722 10th Avenue
  • Market: Hell's Kitchen
  • Landlord: Steven Croman
  • Tenant: 722 Fresh Mart
  • Brokers: Jack Sash Basora, Mark Golberg & Aryeh Vilinsky - Tahari Realty

The brokerage team facilitating this lease includes Jack Sash Basora, Mark Golberg, and Aryeh Vilinsky, representing the interests of the landlord and tenant during this transaction. Their collective efforts contributed to the successful conclusion of this retail lease agreement.

Players

Aryeh Vilinsky
Verified Badge

Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker

Jack Sash Basora

Tahari Realty

Broker

$17M

vol

24 deals

Broker

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

122023.08%

Cash-on-Cash

-34874.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93