LaSalle Investment Management Leases Mixed-use Space To UWS Daycare At 601 Amsterdam Avenue
601 Amsterdam Avenue
$100
$100/SF
Building Size
3,500 SF
Asset Type
Mixed-use
Closing
Sep 30, 2025
AI
This lease transaction involves a mixed-use property located at 601 Amsterdam Avenue in the Upper West Side market. The asking rent for the property is $100 per square foot, with a total square footage of 3,500. The lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $100/ft
- Square Footage: 3,500
- Landlord: LaSalle Investment Management
- Tenant: UWS Daycare
- Landlord's Representative: Marisa Simkin - Retail By Mona
- Tenant's Representatives: Meyer Dagmy & Eddie Mamiye - MOD
The transaction highlights the roles of the involved representatives, with Marisa Simkin representing LaSalle Investment Management. In addition, the tenant, UWS Daycare, is represented by the team of Meyer Dagmy and Eddie Mamiye from MOD.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93