Massey Knakal sells loft building in Chelsea
December 23, 2014 - Front Section
The four-story, plus basement building contains 5,520 s/f and sits on a 25' x 98.75' lot. "This sale represented a record price per s/f for a building under IMD status in Chelsea. The premium in pricing was made possible by the presence of the retail component and the increased strength of retail values on West 23rd St.," said Massey Knakal's Brock Emmetsberger, who exclusively handled this transaction with Paul Smadbeck.