A multifamily property located at 116 Suffolk Street in the Lower East Side has been leased. The tenant, Bluestockings, will be occupying the space. The landlord, Penn South Capital, facilitated the transaction. Jordan Raphan, Gary Lowitt, and Samuel Chera from Kassin Sabbagh Realty served as the brokers in this deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: N/A
• Address: 116 Suffolk Street
• Market: Lower East Side
• Tenant: Bluestockings
• Landlord: Penn South Capital
• Brokers: Jordan Raphan, Gary Lowitt, Samuel Chera (Kassin Sabbagh Realty)
• Asking Rent: $60/ft.
• Square Footage: 2,500 SF

The deal was finalized on November 13, 2020. Although the transaction amount is not disclosed, the property offers 2,500 square feet of space for Bluestockings to operate in the Lower East Side of New York City.