Office building in New York to be sold as an NFT for 15,000 ETH

A New York-based commercial real estate company Okada & Company выставила on sale a seven-story office building in the form of an NFT.

The 4,301 sq m space is located in Chelsea, a few blocks from Madison Square Park.

The token is listed on the marketplace OpenSea for 15,000 ETH (over $26.4 million at the time of writing) and gives the holder the right to acquire the physical building.

“You get the property after purchasing the NFT. You can live in the building or rent it out. It’s not just an expensive JPEG,” – написал on Twitter, the agency’s CEO Chris Okada.

The NFT holder will need to go through the standard process to secure ownership.

The auction ends on July 1.

Earlier in June 2021, TechCrunch founder and Bitcoin investor Michael Arrington продал киевскую квартиру в виде NFT for 36 ETH (over $93,000 at the time of the deal).

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