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1185 6th Avenue

MTS Health Partners Signs 29,166 Square Foot Office Lease At 1185 6th Avenue In Midtown Manhattan
LEASEDOffice

MTS Health Partners Signs 29,166 Square Foot Office Lease At 1185 6th Avenue In Midtown Manhattan

1185 6th Avenue

Building Size

29,166 SF

Asset Type

Office

Closing

Apr 29, 2026

AI

The property involved in the transaction is an office asset located at 1185 6th Avenue in Midtown Manhattan, encompassing 29,166 square feet. This space is situated on the entire 34th floor of the building.

Summary of transaction details:

MTS Health Partners has signed a lease for the entirety of the 34th floor, showcasing their commitment to occupying this significant office space in Midtown. The brokers facilitating this lease include a team from Newmark, demonstrating a collaborative effort in arranging this transaction.

Players

Brian Waterman

Newmark

Broker

$300.4M

vol

30 deals

Broker
Marc Holliday

Marc Holliday

SL Green

Landlord

$9.6B

vol

40 deals

Landlord
MP
MTS Health Partners Tenant

New Hyde Park 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