Synthesia Inc Leases 50,000 Square Feet Office Space At 675 6th Avenue In Manhattan
675 6th Avenue
Building Size
50,000 SF
Asset Type
Office
Closing
Oct 8, 2026
About this deal
AI
The asset involved in this transaction is an office property located at 675 6th Avenue, Manhattan, with a total square footage of 50,000. Synthesia Inc will be establishing its new U.S. headquarters at this address, significantly increasing its office space from the current 13,600 square feet at 245 Fifth Avenue.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Jeffrey Gural - GFP Real Estate
- Tenant: Synthesia Inc
- Landlord's Representative: Alphie Toro - GFP Real Estate; Anthony Sciacca & Scott Gutnick - Newmark
- Tenant's Representative: Dennis Someck & Justin Myers - Lee & Associates
This deal reflects the collaboration of several key individuals and firms, including landlord representative Alphie Toro from GFP Real Estate, alongside Anthony Sciacca and Scott Gutnick from Newmark. Tenant representatives Dennis Someck and Justin Myers are from Lee & Associates, representing Synthesia Inc throughout the leasing process.
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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