111 W 24 St, New York, NY 10011

Cushman & Wakefield has been exclusively retained to arrange the sale of 111 West 24th Street, a mixed-use boutique office property located in the Chelsea neighborhood of Manhattan. The property is ideally situated on the north side of West 24th Street between 6th and 7th Avenues, a prime location surrounded by world-class dining, boutique retail, art galleries, and major employers.

The property comprises approximately 46,190 rentable square feet across seven stories and includes elevator service. The building features ground-floor retail with six floors of office space above and is currently 70% leased to a diverse mix of tenants.

Located in the heart of Chelsea, 111 West 24th Street benefits from proximity to some of Manhattan’s most dynamic destinations, including the High Line, Chelsea Market, Hudson Yards, and Madison Square Park. The area continues to see robust growth with rising retail and residential rents, supported by the neighborhood’s enduring appeal to both residents and visitors. Chelsea’s unique blend of historic architecture, art culture, and modern amenities makes it one of Manhattan’s most desirable submarkets. Furthermore, the property also offers exceptional access to public transportation, with the 1 F M W R and PATH trains all within walking distance, providing seamless connectivity to the rest of New York City.

This is an excellent opportunity for an investor to step in and finish the building’s business plan and stabilize the asset at above-market yields. Investors can capitalize on near-term upside, as Chelsea continues to experience sustained growth driven by high demand, continued development, and its central Manhattan location.