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560 Lexington Avenue

Rudin Management Leases 1,300 SF To Someday's Bakery At 560 Lexington Avenue For $200/ft
LEASEDMixed-use

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

Eddie Mamiye

Broker

$1.4M

vol

46 deals

Broker

Market 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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93