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1975 Madison Avenue

Davis Companies Leases Mixed-Use Space To Little Village Daycare For $60/ft In Manhattan
LEASEDMixed-use

Davis Companies Leases Mixed-Use Space To Little Village Daycare For $60/ft In Manhattan

1975 Madison Avenue

$60

$60/SF

Building Size

2,500 SF

Asset Type

Mixed-use

Closing

Apr 30, 2026

AI

The mixed-use property located at 1975 Madison Avenue in Manhattan features an asking rent of $60 per square foot and spans a total area of 2,500 square feet. This asset is part of a leasing agreement involving a modified gross lease structure.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $60/ft
  • Square Footage: 2,500 SF
  • Address: 1975 Madison Avenue
  • Market: Manhattan
  • Landlord: Davis Companies
  • Tenant: Little Village Daycare
  • Brokers: Meyer Dagmy & Eddie Mamiye - MOD
  • Lease Type: Modified Gross Lease

The transaction showcases the collaboration between Davis Companies as the landlord and Little Village Daycare as the tenant. Brokers Meyer Dagmy and Eddie Mamiye from MOD facilitated the leasing arrangement for this property.

Players

Eddie Mamiye

Broker

$1.4M

vol

46 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker
Davis Companies
Davis CompaniesLandlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93