facebook
Traded Co logo
Submit a Deal
474 7th Avenue
LEASED

AZ Coaching Leases 5,000 SF Office Space At 474 Seventh Avenue, Manhattan

474 7th Avenue

Office
5,000 SF
clock iconLeased 279 days ago
Christopher (Chris) Okada
Avery Reavill
the dealplayerscompscontact
share iconContact now

Summary

Lease
NEW YORK
Office
5,000 sqft

474 Seventh Avenue in New York, NY has recently been leased in a successful transaction. The property is an office asset located in the Garment District of Manhattan. With a size of 5,000 square feet, it offers ample space for the tenant, AZ Coaching, to operate their business. The leasing deal was facilitated by brokers Christopher Okada and Avery Reavill of Okada & Company, representing both the landlord, Pi Capital - Jerry Pi, and the tenant.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 474 Seventh Avenue, New York, NY
  • Market: Garment District, Manhattan
  • Tenant: AZ Coaching
  • Broker: Christopher Okada & Avery Reavill - Okada & Company

Okada & Co. is known for its strong presence in the post-pandemic office market, particularly in Midtown Manhattan, where they manage a portfolio that encompasses over 3 million square feet of commercial real estate. The closure of the 474 Seventh Avenue lease marks their 62nd transaction of the year and adds to their impressive track record of leasing 406,609 square feet of office space since 2021. Despite some media narratives suggesting a decline in the NYC office market, this achievement highlights the resilience and continued demand in the sector.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Christopher (Chris) Okada's profile picture
Christopher (Chris) Okada
Okada & Company-image
CEO
$17.7M Sold

Details

Deal Summary
minus icon
LEASED
IMAGE: Jerry Pi, Christopher Okada & Avery Reavill DATE: 06/15/2023 ADDRESS: 474 7th Avenue MARKET: Garment District, Manhattan ASSET TYPE: Office LANDLORD: Pi Capital - Jerry Pi (@TheJerryPi) TENANT: AZ Coaching BROKERS: Christopher Okada (@ChrisOkada) & Avery Reavill (@Avery_Reavill) - Okada & Company (@OkadaCo) ASKING RENT: $40/ft ~ SF: 5,000 NOTE FROM BROKER: šŸŽ‰ Every Deal Counts! šŸŽ‰ We're delighted to share the news of a triumphant lease closure: šŸ“ Property: 474 Seventh Avenue, New York, NY šŸ¢ Asset Class: Class C Office šŸ“ Size: 5,000 SF šŸ¢ Occupancy: 100% Leased šŸ“ˆ Milestone: 62nd transaction of the year šŸ“ˆ Milestone: 406,609 SF Office Space Leased since 2021 Follow @ChrisOkada for everything NYC Office & CRE. Okada & Co. is delighted to announce 474 Seventh Avenue, NY, NY, is 100% leased. We extend our congratulations to all parties who played a part in this accomplishment. This achievement underscores the robust nature of the NYC office market, irrespective of certain media narratives. With a portfolio boasting over 3 million square feet of commercial real estate in Midtown Manhattan, Okada has positioned itself as one of the most prominent players in the post-pandemic office market. This position is attributed to its approach of being ready to make deals, its quick turnaround time, its marketing prowess, and its broker-friendly approach. Brokers! We have a bonus & incentives property list for Summer 2023 & beyond. Email [email protected] for more info as well as www.okadaco.com for all our properties.

View on map

Loading...

Address474 7th Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want