110 7th Ave

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange for the sale of the retail condominium at 110 Seventh Avenue (“The Property”) aka The City Prairie Condominium. Originally a Chelsea warehouse built in 1910 and reimagined into eleven ultrachic full floor lofts above the retail, the property was converted by the Tamarkin Company in 1997. The prime commercial space occupies the base of the building, situated along the west side of Seventh Avenue between West 16th and West 17th Streets in the heart of Chelsea. The retail condo contains approximately 4,574 square feet at grade and offers an additional 2,981 square feet below grade. Featuring just over 50’ of Seventh Avenue frontage with floor to ceiling windows and approximately 18’ ceiling heights, the Property is located steps from two major subway stations: the 14th St / 8th Ave station serving the A C E L trains, and the 14th St / 6th Ave station serving the 1 2 3 L F M and PATH trains.

The retail is leased to Williams Sonoma (NYSE: WSM, S&P Global Ratings: BBB), a subsidiary of Williams Sonoma Inc. a premier specialty retailer of high-quality kitchen and home furnishings across multiple adjacent brands including Pottery Barn, West Elm, Rejuvenation & Mark and Graham. Williams Sonoma Inc. maintains approximately 512 total stores across its brands in the U.S. and Canada with a market capitalization of approximately $19.5 billion. They have operated out of 110 Seventh Avenue since 2003, leased through January 2029.