Robert K. Futterman & Associates (RKF) recently completed the sale of the 6,183 s/f ground floor retail condominium at 750 Eighth Ave. in The Platinum, the 43-story residential building located on the northeast corner of West 46th St. in Midtown West. The retail condominium, currently vacant, was sold for $16.25 million.
"This purchase presents a distinct opportunity for the buyer to invest in a dominant retail sector within a growing area of the Theater District," said RKF director Michael Worthman. "With its immediate proximity to Times Square, the neighborhood has already expanded with a range of food and retail offerings including, Shake Shack, The Food Emporium, Duane Reade, Charley O's Bar & Grill, Starbucks, among others."
RKF's Worthman and director Brandon Eisenman were the exclusive agents for the seller, SJP Residential Properties; RKF also represented the buyer, Hersel Torkian.
"The proximity to Eleven Times Square, The Milford Plaza, The Intercontinental Times Square, Worldwide Plaza, and the Port Authority Bus Terminal creates an additional blend of unique co-tenancy," said Eisenman.

The country's leading independent real estate firm specializing in retail leasing, investment sales and consulting services, Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With more than $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, Miami, Northern New Jersey and San Francisco. Tags: