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Hanwha Foundation Of Culture Leases Retail Space At 371 Broadway In TriBeCa

Property Image
LEASED
$150
Thomas (Tommy) Hines
Ike Bibi
+ 2

New York

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Retail3,000 SF
Leased 11/03/2023
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Property Image
LEASED

Hanwha Foundation Of Culture Leases Retail Space At 371 Broadway In TriBeCa

371 Broadway

See Similar Deals
Retail3,000 SF
Leased 11/03/2023
Thomas (Tommy) Hines
Ike Bibi
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:3,000 SF
Transaction Type:Lease

Located in TriBeCa, the retail property at 371 Broadway has recently been leased. The property spans approximately 3,000 square feet and was leased to Hanwha Foundation Of Culture. Mordy & Sarah Lipkis served as the landlords for this transaction.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 371 Broadway
  • Market: TriBeCa

The landlord's representatives, Carolina Aziz, Maddy Soffer, and Ike Bibi from KSR, represented Mordy & Sarah Lipkis in this lease deal. Meanwhile, the tenant was represented by Rory Murphy and Thomas Hines from Transwestern.

Players

Ike Bibi
124 deals$274.3M volume(347) 417-2860
BROKER

Carolina Aziz
Kassin Sabbagh Realty
95 deals$24.8M volume(516) 640-6961
BROKER

Thomas (Tommy) Hines
Transwestern
5 deals$1.2M volume
BROKER


Details

LEASED
IMAGE: Carolina Aziz, Maddy Soffer & Ike Bibi DATE: 11/03/2023 ADDRESS: 371 Broadway MARKET: TriBeCa ASSET TYPE: Retail LANDLORD: Mordy & Sarah Lipkis TENANT: Hanwha Foundation Of Culture LANDLORD'S REP: Carolina Aziz (@CarolinaAziz), Maddy Soffer (@MaddySoffer) & Ike Bibi (@IkeB) - KSR (@Kassin_Sabbagh_Realty) TENANT'S REP: Rory Murphy & Thomas Hines - Transwestern (@Transwestern) ASKING RENT: $150/ft ~ SF: 3,000

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57