The retail space involved in this transaction is located at 91 Allen Street, situated in Manhattan’s Lower East Side. The asset type is retail, with a total square footage of 2,000. The asking rent for this property was set at $87 per square foot, and it operates under a Modified Gross Lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $87/ft
• Address: 91 Allen Street
• Market: Lower East Side
• Landlord: Kongs Realty Corp - Wing Kong
• Tenant: ARTICL3
• Brokers: Jack Sash Basora & Norman J. Esses - Tahari Realty
• Lease Type: Modified Gross Lease
• Square Footage: 2,000

Tahari Realty’s Retail Leasing Division successfully represented ARTICL3 Clothing in securing this retail space. The brokerage team negotiated favorable terms in a competitive market, achieving a high-visibility storefront positioned within a dynamic creative corridor. The firm's leadership has a proven track record of over $2 billion in closed transactions, underscoring their expertise in the real estate sector.