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1133 6th Avenue

LEASEDOffice

Durst Organization Signs Three Office Leases Totaling 11,223 Square Feet In Manhattan

1133 6th Avenue

Building Size

11,223 SF

Asset Type

Office

Closing

Jul 23, 2026

AI

The transaction involves three office leases at 1133 6th Avenue in Manhattan, totaling 11,223 square feet. Among the leases is a new 5,263-square-foot lease with AI software firm Quantexa, while Olympus Theatricals renewed its lease for 3,345 square feet and Global Securitization Services renewed for 2,615 square feet.

Summary of transaction details:

This leasing deal highlights the strategic growth of Quantexa in the AI sector, while simultaneously showing the commitment of Olympus Theatricals and Global Securitization Services to their locations within the Durst Organization's portfolio. The involvement of Tom Bow, Rocco Romeo, and Nora Caliban as broker representatives further emphasizes the role of The Durst Organization in facilitating these significant office space transactions.

Players

Tom Bow

Durst Organization

Broker

10 deals

Broker
Quantexa
QuantexaBuyer

Jody Durst

Durst Organization

Landlord

12 deals

Landlord

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