ING Group Expands Office Lease To 153915 SF At 1133 6th Avenue In Midtown Manhattan
1133 6th Avenue
Building Size
153,915 SF
Asset Type
Office
Closing
Dec 4, 2025
About this deal
AI
The property involved in this transaction is an office asset located at 1133 6th Avenue in Midtown Manhattan, featuring a total square footage of 153,915. The building is a 45-story tower owned by Durst Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1133 6th Avenue
- Market: Midtown Manhattan
- Landlord: Jody Durst - Durst Organization
- Tenant: ING Group
- Renewed Square Footage: 132,400
- Added Square Footage: 21,515
ING Group has expanded its footprint in Midtown by renewing their lease and securing additional space in the Durst tower, highlighting the company's commitment to maintaining a significant presence in this market.
On the Map
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New Hyde Park Office Market Snapshot
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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