Nicholas Bienstock Of Savanna Leases 120,000 Square Feet Office To Ali Ghodsi Of Databricks
1065 6th Avenue
Building Size
120,000 SF
Asset Type
Office
Closing
Oct 18, 2026
About this deal
AI
1065 6th Avenue is an office asset located in the Bryant Park market of Manhattan. The property spans 120,000 square feet across five floors, accommodating a significant footprint for its tenants.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1065 6th Avenue
- Market: Bryant Park, Manhattan
- Landlord: Nicholas Bienstock - Savanna
- Tenant: Ali Ghodsi - Databricks
In this transaction, Databricks is expanding its operations, planning to double its office footprint at Savanna’s 5 Bryant Park. This expansion indicates an increase in their engineering and research teams, highlighting the growth trajectory of the company.
On the Map
Office
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Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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