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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1185 6th Avenue
- Market: Midtown Manhattan
- Landlord: Marc Holliday - SL Green
- Tenant: MTS Health Partners
- Brokers: Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman & Kevin Sullivan - Newmark
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
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