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1185 6th Avenue

Sichenzia Ross Ference Carmel Signs Lease At SL Green’s 1185 6th Avenue In Midtown Manhattan
LEASEDOffice

Sichenzia Ross Ference Carmel Signs Lease At SL Green’s 1185 6th Avenue In Midtown Manhattan

1185 6th Avenue

Building Size

18,128 SF

Asset Type

Office

Closing

Apr 17, 2025

AI

1185 6th Avenue is an office asset located in Midtown Manhattan, encompassing a total of 18,128 square feet. This property is part of a significant market area known for its commercial real estate opportunities.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 1185 6th Avenue
  • Market: Midtown Manhattan
  • Landlord: Steve Durels & Marc Holliday - SL Green
  • Tenant: Sichenzia Ross Ference Carmel
  • Brokers: Barry Finkelman & Roi Shleifer - Savills

The lease transaction involves Sichenzia Ross Ference Carmel, which signed an agreement at SL Green’s property. Brokers Barry Finkelman and Roi Shleifer from Savills were instrumental in facilitating this lease, though it remains unclear if the deal represents a renewal or an expansion of the tenant's space within the property.

Players

Roi Shleifer

Savills

Broker

5 deals

Broker
Marc Holliday

Marc Holliday

SL Green

Landlord

$9.6B

vol

40 deals

Landlord
SL Green
SL GreenLandlord

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