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1140 6th Avenue

EPIC Insurance Expands Midtown Manhattan Footprint With 25,500 Square Feet Lease At 1140 6th Avenue
LEASEDOffice

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

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:

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.

Players

Jared Freede

CBRE

Broker

14 deals

Broker
EI
EPIC InsuranceBrokerage
EI
EPIC InsuranceTenant

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