M Studio Signs Lease At 155 West 66th Street In Lincoln Square With Gene Spiegelman & Morgan Singer As Landlord's Reps
155 West 66th Street
$200
$200/SF
Building Size
4,366 SF
Asset Type
Retail
Closing
Mar 3, 2025
About this deal
AI
The retail property located at 155 West 66th Street in the Lincoln Square market has a square footage of 4,366. The landlord Millennium Partners has leased this space to M Studio under a Single Net Lease. The asking rent for this property was $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 4,366
- Address: 155 West 66th Street
- Market: Lincoln Square
- Landlord: Millennium Partners
- Tenant: M Studio
- Landlord's Representative: Gene Spiegelman & Morgan Singer - Ripco
- Tenant's Representatives: Christopher Okada, Avery Reavill & Alex Fleischman - Okada & Company
The transaction involved multiple representatives, with Gene Spiegelman and Morgan Singer representing the landlord's interests in the deal, while the tenant's interests were represented by Christopher Okada, alongside Avery Reavill and Alex Fleischman from Okada & Company.
On the Map
$200
$200/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · 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