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Michael Shah Of Delshah Capital Leases 10,600 SF Retail Space To Sandbox VR In Times Square

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LEASED

New York

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Retail10,600 SF
Leased 06/01/2026
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Property Image
LEASED

Michael Shah Of Delshah Capital Leases 10,600 SF Retail Space To Sandbox VR In Times Square

761 7th Avenue & 777 7th Avenue

See Similar Deals
Retail10,600 SF
Leased 06/01/2026
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:10,600 SF
Transaction Type:Lease

The transaction involves a retail asset located at 761 7th Avenue & 777 7th Avenue in the Times Square area. The total square footage of the property is 10,600, and Sandbox VR has signed a lease for a duration of 10 years. The asking rent for this property is approximately $750,000 annually.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $750,000 annually
  • Lease Duration: 10 years
  • Asset Size: 10,600 square feet
  • Address: 761 7th Avenue & 777 7th Avenue
  • Market: Times Square
  • Landlord: Michael Shah - Delshah Capital
  • Tenant: Sandbox VR

Michael Shah represents Delshah Capital in this lease agreement, while Sandbox VR occupies the leased space in the newly secured property within a notable retail market.

Details

LEASED
IMAGE: Michael Shah DATE: 06/01/2026 ADDRESS: 761 7th Avenue & 777 7th Avenue MARKET: Times Square ASSET TYPE: Retail ~ SF: 10,600 LANDLORD: Michael Shah - Delshah Capital TENANT: Sandbox VR NOTE: Sandbox VR signed a 10-year, 10,600-square-foot lease at DelShah Capital’s 761–777 Seventh Avenue property in Midtown near Times Square, with asking rent around $750,000 annually.

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Deal Type
Effective Rent (Annual)

$607,585.60

Total Lease Value

$6,075,856.04

Net Landlord Cash Flow$607,585.60