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 1330 AVENUE OF THE AMERICAS |
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| ADDRESS |
1330 6th Avenue
New York, NY 10019
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| KEY FEATURES |
1330 AoA is one of the few boutique office buildings along Sixth Avenue with floorplates ranging from
10,400 to 16,400 square feet, which appeal to an under-supplied but active segment of the market. Sub-
20,000 square foot tenants have driven 75% of historical Midtown leasing demand but only 11% of Sixth
Avenue buildings feature floorplates under 20,000 square feet. Approximately one third of the NRA at the
Property has also been pre-built, which appeals to boutique tenants and reduces re-leasing costs through
flexible layouts and high-quality finishes. The dynamic has stimulated leasing velocity throughout the
pandemic, with over 120K SF of leasing over the past 24 months and provides an opportunity for a new
owner to build upon the proven and successful prebuild program.
1330 AoA has a diversified tenant roster comprised of companies from the FIRE, TAMI, and Medical
sectors, with no single user occupying over 11% of the NRA. Despite being a boutique building, the total
AUM of the tenancy is $2.3 trillion, which is equivalent to the total of Goldman Sachs.
The Property also features amenities including a ~2,000 SF conference center and a three-story, ~70,000
square foot parking garage leased to Icon Parking at a below market rate. In addition to the parking, 1330
AoA provides embedded upside with the below-market retail lease to Apple Bank and building signage,
which is only available at three properties along Avenue of the Americas.
1330 AoA is ideally situated on Midtown’s Avenue of the Americas corridor in the Plaza District, surrounded
by globally recognized cultural institutions such as Rockefeller Center, Radio City Music Hall, the MoMa,
Carnegie Hall, and Central Park. With convenient access to multiple modes of transportation along with
ample restaurant, entertainment, and retail amenities, the area has been the long-time home of major
corporations including Major League Baseball, UBS, 21st Century Fox, and Marsh & McLennan.
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| GLA |
534,203
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| PROMINENT TENANTS |
Apple Bank, Knoll, Silvercrest, Robert Wood Johnson Foundation, CAM Capital
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| 1330 AVENUE OF THE AMERICAS IN THE NEWS |
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