LEASEDOffice
Mark Lazarus Of NBCUniversal Renews 244,185 Square Foot Lease At 1221 6th Avenue, Midtown Manhattan
1221 6th Avenue
Building Size
244,185 SF
Asset Type
Office
Closing
Jul 9, 2026
AI
The property asset involved is an office space located at 1221 6th Avenue in Midtown Manhattan, covering a total area of 244,185 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Daniel J. Moore - Rockefeller Group
- Tenant: Mark Lazarus - NBCUniversal
- Market: Midtown Manhattan
- Lease Renewal: Yes
This transaction involved Daniel J. Moore representing the Rockefeller Group as the landlord and Mark Lazarus representing NBCUniversal as the tenant. The lease renewal specifics, including the term and rental rate, remain undisclosed.
Players
New York 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