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25 Peck Slip

Doggy Day Care 2.0 Signs 10 Year Lease At 25 Peck Slip In Financial District
LEASEDRetail

Doggy Day Care 2.0 Signs 10 Year Lease At 25 Peck Slip In Financial District

25 Peck Slip

$98

$98/SF

Building Size

1,835 SF

Asset Type

Retail

Closing

Nov 20, 2025

AI

The property involved in this transaction is a retail asset located at 25 Peck Slip in the Financial District. The asking rent is set at $98 per square foot for a space measuring 1,835 square feet. The lease term for this property is defined as 10 years under a Modified Gross Lease structure.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $98/ft
  • Lease Term: 10 years
  • Lease Type: Modified Gross Lease
  • Landlord: Julian Kiguel
  • Tenant: Doggy Day Care 2.0
  • Landlord's Representative: Steven Evans, Emre Bozkurt & Eric Meyer - Platinum Commercial

This transaction involved key individuals including the landlord Julian Kiguel and the tenant represented by Doggy Day Care 2.0. The landlord's representation was executed by Steven Evans, Emre Bozkurt, and Eric Meyer from Platinum Commercial, who facilitated the lease agreement for the retail property.

Players

Steven Evans

Platinum Commercial

Broker

$36.1M

vol

47 deals

Broker

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

161867.35%

Cash-on-Cash

-46262.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93