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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

118 W 27th St, New York, NY 10001

Newly renovated mixed-use building offering renovated residential and office units plus ground-floor retail.

Property Size44,439 SF
Days on Market133

Property Features for 118 W 27th St

General Information

Standard status Pending
Size 44,439 SF
Property subtype Mixed Use, Multifamily, Office

Warehouse & Industrial

Heavy Power Yes
Sprinkler System Yes

Units

Multifamily Units 5
Office Units 4

Amenities

two elevators
modern lobby
building intercom system with key card access
Listing Agency: Cushman & Wakefield New York
Listed By: Michael Gembecki · License #NY 10401227340
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 21 at 12:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

Newly renovated mixed-use building totaling 44,439 square feet with 37.5 feet of frontage. The property includes five residential units and four office units, plus six IMD tenants with ground-floor retail. The two-bedroom, two-bath residential units feature porcelain tile and solid teak and white oak flooring, while the office units are fully renovated and move-in ready.

The building is centrally located on the south side of West 27th Street between 6th and 7th Avenues in the heart of Chelsea.

Significant capital improvements are included, including two elevators, a modern lobby, a new gas-fired boiler with hydronic heat, new plumbing, upgraded electrical service to 1,200 AMPS, a new meter bank and electrical panels, an intercom system with key card access, key card elevator service, and a sprinkler system. Two of the six IMD tenants are in holdover proceedings, and the IMD tenant on the 9th floor has waived succession rights.

Key Highlights

  • Newly renovated mixed‑use building totaling 44,439 SF with 37.5’ frontage on W 27th St between 6th and 7th Avenues (Chelsea).
  • 5 residential units include renovated 2‑bed, 2‑bath layouts with porcelain tile and solid teak & white oak flooring.
  • 4 office units are fully renovated and move‑in ready.

Property Analytics

Current Use

Evolve Media Film Production fire restoration Hardware & Home Improvement Shani Apartment Apartment Building Rafel Shearling Department Store Mechanism Digital Film Production

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
5
Residential units
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

69,988
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly renovated mixed-use building offering renovated residential and office units plus ground-floor retail.
Where is this mixed-use property located?
The property is located at 118 W 27th St New York, NY.
What are key features of this property?
This property features: Newly renovated mixed‑use building totaling 44,439 SF with 37.5’ frontage on W 27th St between 6th and 7th Avenues (Chelsea).; 5 residential units include renovated 2‑bed, 2‑bath layouts with porcelain tile and solid teak & white oak flooring.; 4 office units are fully renovated and move‑in ready.
(212) 660-7743 Call to check price and availability
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