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Marlin Mech Leases Office Space At 363 Seventh Avenue, Chelsea

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LEASED

New York

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Office4,000 SF
Leased 03/01/2022
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LEASED

Marlin Mech Leases Office Space At 363 Seventh Avenue, Chelsea

363 7th Avenue, New York City, New York 10011, United States

See Similar Deals
Office4,000 SF
Leased 03/01/2022
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:4,000 SF
Transaction Type:Lease

An office located at 363 Seventh Avenue in the Chelsea market area has been leased. The lease transaction took place on March 1, 2022. The office space, measuring approximately 4,000 square feet, was leased by Marlin Mech. The landlord for this property is Empire Management. The lease was facilitated by brokers Chris Okada and Hiro Iwata from Okada & Co.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not available
  • Address: 363 Seventh Avenue
  • Market: Chelsea
  • Landlord: Empire Management
  • Tenant: Marlin Mech
  • Brokers: Chris Okada & Hiro Iwata - Okada & Co.

The deal was handled by brokers Chris Okada and Hiro Iwata from Okada & Co. They were instrumental in facilitating the lease transaction between Marlin Mech and the landlord, Empire Management. This lease represents a significant development in the Chelsea market, as it signals the resurgence of New York City's real estate sector in 2022 and sets the tone for future growth and opportunities in the coming years.

Note from @Okadaco: Follow @ChrisOkada... My bad Traded peeps for not posting for a while... been SLAMMED at the office. Can we all agree that NYC is coming back? Can we all agree that 2022 is the beginning of the renaissance? Can we all agree that whatever it is you want your life to look like in 2023,2024, & 2025 depends on what you're doing right this moment? Great. So let's get it. EVERY DEAL COUNTS! ALWAYS BE CLOSING! BETTING ON NYC!

Players

Christopher (Chris) Okada
84 deals$352.8M volume
BROKER

Hiro Iwata
Okada & Company
17 deals
BROKER

Empire Management
LANDLORD

Details

LEASED
IMAGE: Chris Okada & Hiro Iwata DATE: 03/01/2022 ADDRESS: 363 Seventh Avenue MARKET: Chelsea ASSET TYPE: Office LANDLORD: Empire Management TENANT: Marlin Mech BROKERS: Chris Okada (@ChrisOkada) & Hiro Iwata - Okada & Co. (@OkadaCo) ASKING RENT: $35/ft. ~ SF: 4,000 NOTE FROM @Okadaco: Follow @ChrisOkada... My bad Traded peeps for not posting for a while... been SLAMMED at the office. Can we all agree that NYC is coming back? Can we all agree that 2022 is the beginning of the renaissance? Can we all agree that whatever it is you want your life to look like in 2023,2024, & 2025 depends on what you're doing right this moment? Great. So let's get it. EVERY DEAL COUNTS! ALWAYS BE CLOSING! BETTING ON NYC!

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Deal Type
Effective Rent (Annual)

$229,277.59

Total Lease Value

$2,292,775.86

Net Landlord Cash Flow$229,277.59