EPIC Insurance Expands Midtown Manhattan Footprint With 25,500 Square Feet Lease At 1140 6th Avenue
1140 6th Avenue
Building Size
25,500 SF
Asset Type
Office
Closing
May 6, 2026
About this deal
AI
The property asset involved in the transaction is an office space located at 1140 6th Avenue in Midtown Manhattan, consisting of 25,500 square feet. The building, constructed in 1925, is situated in a prime location within the Manhattan market.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1140 6th Avenue
- Market: Midtown Manhattan
- Size: 25,500 square feet
- Tenants: EPIC Insurance
- Landlord's Representative: Josh Kuriloff, Matthias Li, Pierce Hance, Heather Thomas & Nicole Estevez - Cushman & Wakefield
- Tenant's Representative: Eric Deutsch & Jared Freede - CBRE
The deal features EPIC Insurance, which has recently expanded its footprint in Midtown Manhattan by signing a lease to occupy the specified office space. The involvement of Cushman & Wakefield and CBRE highlights the brokerage expertise facilitated during this transaction.
On the Map
Office
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Players
Rochester 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