Rudin Management Leases 1,300 SF To Someday's Bakery At 560 Lexington Avenue For $200/ft
560 Lexington Avenue
$200
$200/SF
Building Size
1,300 SF
Asset Type
Mixed-use
Closing
Jun 18, 2026
AI
The property involved in this lease transaction is located at 560 Lexington Avenue in Manhattan. It is classified as a mixed-use asset with a total square footage of 1,300. The asking rent for this space is set at $200 per square foot, under a single net lease agreement.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $200/ft
- Lease Type: Single Net Lease
- Landlord: Rudin Management
- Tenant: Someday's Bakery
- Landlord's Representative: Sean Moran - Cushman & Wakefield
- Tenant's Representative: Eddie Mamiye - MOD
The key individuals involved in this transaction include Sean Moran from Cushman & Wakefield, who represents the landlord, Rudin Management, and Eddie Mamiye from MOD, who represents the tenant, Someday's Bakery.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93