Sackman Enterprises Leases Retail Space To Fresco Mexican Grill At 746 10th Avenue
LEASED
$12,000
New York
See Similar DealsRetail1,200 SF
Leased 10/30/2025
LEASED
Sackman Enterprises Leases Retail Space To Fresco Mexican Grill At 746 10th Avenue
746 10th Avenue
See Similar DealsRetail1,200 SF
Leased 10/30/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$12,000
Total Square Footage:1,200 SF
Transaction Type:Lease
The asset involved in the transaction is a retail property located at 746 10th Avenue in Hell's Kitchen. The total square footage of the property is 1,200, with an asking rent of $120 per square foot. The lease type associated with this property is a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Address: 746 10th Avenue
- Market: Hell's Kitchen
- Landlord: Sackman Enterprises
- Tenant: Fresco Mexican Grill
- Broker: Josh Sarraf - ARA & Michelle Blake
- Lease Type: Retail Lease
- Square Footage: 1,200
The deal involved key representatives in the form of brokers, with Josh Sarraf and Michelle Blake facilitating the transaction. Both brokers played essential roles in representing the landlord and tenant during the lease negotiations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$16,507,986.21
Total Lease Value
$165,079,862.09
Net Landlord Cash Flow$16,507,986.21
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