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Slate Property Group Leases Retail Space To TFS Burger Works At 886 1st Avenue

Property Image
LEASED
$120

New York

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Retail1,200 SF
Leased 11/13/2025
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Property Image
LEASED

Slate Property Group Leases Retail Space To TFS Burger Works At 886 1st Avenue

886 1st Avenue

See Similar Deals
Retail1,200 SF
Leased 11/13/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:1,200 SF
Transaction Type:Lease

The retail property located at 886 1st Avenue in Manhattan features a lease agreement with TFS Burger Works. The asking rent for the property is set at $120 per square foot, with a total space of 1,200 square feet. This transaction falls under a Single Net Lease type, managed by Slate Property Group as the landlord.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120/ft
  • Square Footage: 1,200
  • Address: 886 1st Avenue
  • Market: Manhattan
  • Landlord: Slate Property Group
  • Tenant: TFS Burger Works
  • Brokers: Jordan Langer, Noam Aziz & Carson Shahrabani - Meridian Capital Group
  • Lease Type: Single Net Lease

The deal involved brokers Jordan Langer, Noam Aziz, and Carson Shahrabani from Meridian Capital Group, representing both the landlord and tenant throughout the transaction process.

Players

Noam Aziz
221 deals$900K volume(212) 468-5984
BROKER

Jordan Langer
Meridian Capital Group
42 deals
BROKER


Meridian Capital Group
BROKERAGE

Details

LEASED
IMAGE: Jordan Langer, Noam Aziz & Carson Shahrabani DATE: 11/13/2025 ADDRESS: 886 1st Avenue MARKET: Manhattan ASSET TYPE: Retail LANDLORD: Slate Property Group (@SlatePropertyGroup) TENANT: TFS Burger Works BROKERS: Jordan Langer (@NYCRetailLeasing_), Noam Aziz (@NoamAziz) & Carson Shahrabani (@Carson_Biz) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $120/ft ~ SF: 1,200 LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$165,079.86

Total Lease Value

$1,650,798.62

Net Landlord Cash Flow$165,079.86