Real Estate Weekly
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Retail

Celebrity shopping spot hits market

Eastern Consolidated has been retained as the exclusive leasing agent for a 19,000 s/f divisible retail space at 140 Franklin Street in celebrity-heavy Tribeca.

Mariah Carey, Billy Crystal, Robert DeNiro, Leonardo DiCaprio, Beyonce, Meryl Streep and Justin Timberlake are all known to shop in the neighborhood and dine at trendy eateries such as Mr. Chow, Nobu, Odeon, Sarabeth’s, Tribeca Grill, and Petite Abeille.

140 Franklin Street
140 Franklin Street

The offering, located on the northwest corner of Varick Street, is at the base of a seven-story condominium building. The property is comprised of 9,500 square feet on the ground floor with 14-foot ceilings and 9,500 square feet on the lower level with 10-foot ceilings. In addition, there is 185 feet of wraparound frontage.

The property is available for immediate occupancy.

“Tribeca is one of the hottest neighborhoods in Lower Manhattan and the demand for property only continues to rise,” said James Famularo, Senior Director of the Retail Leasing Division for Eastern Consolidated, who exclusively represents ownership. “Retail stores and restaurants throughout the area are jammed-packed seven days a week and receive a steady flow of foot traffic, making this a prime location for any tenant.”

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