Bright Future Kiddie Care 5 Leases Retail Space At 204 West 115th Street In Manhattan
204 West 115th Street
$37
$37/SF
Building Size
3,389 SF
Asset Type
Retail
Closing
Jan 27, 2026
AI
The retail asset located at 204 West 115th Street in Manhattan features a total square footage of 3,389. The single net lease for this space has an asking rent of $37 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $37/ft
- Square Footage: 3,389
- Lease Type: Single Net Lease
- Landlord: Rodney Prop - Tahl Properties
- Tenant: Bright Future Kiddie Care 5
- Landlord's Representative: Noam Aziz, Cory Rywalt & Joseph Khojahiny - Meridian Capital Group
- Tenant's Representatives: Michael Gilbert - Gilco Realty & Erica Lawless - Established Realty
This transaction involved several key representatives. Landlord's representatives Noam Aziz, Cory Rywalt, and Joseph Khojahiny operated under Meridian Capital Group, while the tenant was represented by Michael Gilbert from Gilco Realty and Erica Lawless from Established Realty.
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
428729.73%
Cash-on-Cash
-122532.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93