Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of 118 West 27th Street (“The Property”), a newly renovated, 44,421 RSF mixed-use building in the heart of Chelsea. The 12-story, prewar elevatored building features 37.5’ of frontage on the south side of West 27th Street between Sixth and Seventh Avenues. The Property contains a total of seventeen (17) units across twelve (12) stories with the tenant mix featuring a unique blend of residential, office, interim multiple dwelling (“IMD”), and retail. The residential component consists of 7 rental units with condo quality finishes, in addition to six (6) IMD units which are governed by the Loft Law. The office portion of the asset is composed of three (3) full-floor units, each totaling 3,703 RSF approximately. Finally, there is approx. 3,700 SF of retail on the ground floor which will be delivered vacant. Currently, 58% of the Property is occupied, allowing prospective investors to capitalize on the newly renovated space and strong leasing dynamics in the Chelsea submarket.