Interactive Brokers Group Expands Office Space In Midtown Manhattan By Leasing 5,976 SF
1133 6th Avenue
Building Size
22,916 SF
Asset Type
Office
Closing
Apr 15, 2024
AI
The office space at 1133 6th Avenue, located in Midtown Manhattan, has been leased by Interactive Brokers Group, expanding their total space by an additional 5,976 square feet. The property is owned by The Durst Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Address: 1133 6th Avenue
- Market: Midtown Manhattan
- Asset Type: Office
- Square Footage: 22,916
- Landlord: The Durst Organization
- Tenant: Interactive Brokers Group
- Landlord's Rep: Nora Caliban, Rocco Romeo & Thomas Bow - The Durst Organization
- Tenant's Rep: Christopher Hogan, Roger Griswold & Timothy Dempsey - CBRE
Interactive Brokers Group's decision to expand their office space at 1133 6th Avenue was facilitated by the representation of Nora Caliban, Rocco Romeo & Thomas Bow from The Durst Organization on the landlord's side, and Christopher Hogan, Roger Griswold & Timothy Dempsey from CBRE on the tenant's side.
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