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Steptoe Signs 15-Year Lease For 57,988 Square Feet At 1133 6th Avenue In Midtown Manhattan
LEASED
New York
See Similar DealsOffice57,988 SF
Leased 07/23/2025
LEASED
Steptoe Signs 15-Year Lease For 57,988 Square Feet At 1133 6th Avenue In Midtown Manhattan
1133 6th Avenue
See Similar DealsOffice57,988 SF
Leased 07/23/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:57,988 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 1133 6th Avenue, situated in the Midtown Manhattan market. The asset type is an office space with a total square footage of 57,988. The transaction involves a long-term lease agreement.
Summary of transation details:
- Property Type: Office
- Lease Term: 15-year lease
- Landlord: Douglas Durst & Jody Durst - Durst Organization
- Tenant: Michelle Levin - Steptoe
- Location: 1133 6th Avenue, Midtown Manhattan
- Previous Location of Tenant: 1114 Sixth Avenue
The key individuals involved in this deal include Douglas Durst and Jody Durst representing the landlord, Durst Organization, and Michelle Levin representing the tenant, Steptoe. The transaction highlights a significant relocation for the tenant to occupy the top three floors of the mentioned address.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,323,837.17
Total Lease Value
$33,238,371.68
Net Landlord Cash Flow$3,323,837.17
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