Stats Daycare Signs Lease At 310 East Houston Street In East Village For $70/ft
310 East Houston Street
$70
$70/SF
Building Size
5,000 SF
Asset Type
Mixed-use
Closing
May 24, 2026
AI
The property is a mixed-use asset located at 310 East Houston Street in the East Village, Manhattan. It features a total square footage of 5,000 and was leased at an asking rent of $70 per square foot. The lease in this transaction is categorized as a Single Net Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $70/ft
- Square Footage: 5,000
- Lease Type: Single Net Lease
- Landlord: Jay Arnow
- Tenant: Stats Daycare
- Brokers: Eddie Mamiye, Mike Sutton & Meyer Dagmy - MOD
- Date: 5/25/2026
The deal involves Jay Arnow as the landlord and Stats Daycare as the tenant, highlighting the dynamics of the commercial leasing sector in Manhattan. The brokers facilitating this transaction are Eddie Mamiye, Mike Sutton, and Meyer Dagmy from MOD, who played a crucial role in concluding the lease arrangement.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93