Chimera Investment Corporation Signs 15-Year Lease For 22000 Square Feet At 1 Rockefeller Plaza
1 Rockefeller Plaza
Building Size
22,000 SF
Asset Type
Office
Closing
Mar 3, 2026
About this deal
AI
The asset involved in this transaction is an office space located at 1 Rockefeller Plaza in Manhattan. The property encompasses approximately 22,000 square feet and is part of a significant commercial real estate market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 15 years
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: Chimera Investment Corporation
- Landlord's Representative: Blythe Kinsler & Kate Walker - Tishman Speyer
- Tenant's Representative: Conor Denihan & Connor DeSimone - CBRE
Chimera Investment Corporation has committed to a 15-year lease at the new location, moving from its previous office situated at 630 Fifth Avenue, which covered 15,000 square feet. The transaction highlights the strategic relocation and expansion of Chimera's operational space.
On the Map
Office
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Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93