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601 Amsterdam Avenue

LaSalle Investment Management Leases Mixed-use Space To UWS Daycare At 601 Amsterdam Avenue
LEASEDMixed-use

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

Eddie Mamiye

Broker

$1.4M

vol

46 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker
Retail By Mona
Retail By MonaBrokerage
LaSalle Investment Management
LaSalle Investment ManagementLandlord

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