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Institute For Studies On Latin American Art (ISLAA) Leases Retail Space At 140 Franklin Street In Tribeca

Property Image
LEASED
$58
Sami "Sam" Akleh
Christina Combias
+ 2

New York

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Retail8,650 SF
Leased 11/21/2022
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Property Image
LEASED

Institute For Studies On Latin American Art (ISLAA) Leases Retail Space At 140 Franklin Street In Tribeca

140 Franklin Street, New York City, New York 10013, United States

See Similar Deals
Retail8,650 SF
Leased 11/21/2022
Sami "Sam" Akleh
Christina Combias
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$58
Total Square Footage:8,650 SF
Transaction Type:Lease

The retail space at 140 Franklin Street in Tribeca has been leased to the Institute for Studies on Latin American Art (ISLAA). The property, spanning 8,650 square feet, was recently leased on November 21, 2022. The lease was facilitated by the landlord's representative, Lily Realty - Tate Jackson, and the tenant's representative, Allie Portera & Brad Cohen - CBRE. The asking rent for the space was $58 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 11/21/2022
  • Address: 140 Franklin Street, Tribeca
  • Landlord: Lily Realty - Tate Jackson
  • Tenant: Institute for Studies on Latin American Art (ISLAA)
  • Landlord's Representative: Christina Combias & Sam Akleh - Voro
  • Tenant's Representative: Allie Portera & Brad Cohen - CBRE
  • Asking Rent: $58/ft.
  • Square Footage: 8,650

Notable individuals involved in the lease deal include Christina Combias & Sam Akleh representing the landlord, Voro, and Allie Portera & Brad Cohen representing the tenant, CBRE.

Players

Bradley "Brad" Cohen
11 deals$134.5M volume(646) 374-8575
BROKER

Christina Combias
Voro Real Estate
9 deals$4.3M volume(877) 943-8676
BROKER

Sami "Sam" Akleh
Voro Real Estate
6 deals
BROKER

Allison (Allie) Portera
J3K Real Estate
4 deals
BROKER


TENANT

Details

LEASED
IMAGE: Christina Combias & Sam Akleh DATE: 11/21/2022 ADDRESS: 140 Franklin Street MARKET: Tribeca ASSET TYPE: Retail LANDLORD: Lily Realty - Tate Jackson TENANT: Institute for Studies on Latin American Art (ISLAA) LANDLORD'S REP: Christina Combias (@TinnaComb) & Sam Akleh - Voro TENANT'S REP: Allie Portera & Brad Cohen - CBRE (@CBRE) ASKING RENT: $58/ft. ~ SF: 8,650

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Deal Type
Effective Rent (Annual)

$575,142.83

Total Lease Value

$5,751,428.25

Net Landlord Cash Flow$575,142.83