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
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