Built in 1913 during New York City’s industrial age, 158 W27th Street has historically served as a textile and leather processing and manufacturing facility. Today sits at the heart of New York City’s fashion district, strategically positioned between Sixth and Seventh Avenues in the coveted, high-growth Chelsea office submarket. The building was extensively renovated between 2012 and 2018. The 119,036 square feet property features a modernized lobby, new rooftop, and penthouse amenity. The base of the building is anchored by approximately 20,000 square feet leased to a fitness operator.
158 W 27 St is adjacent to the Fashion Institute of Technology, a State University of New York that focuses on fashion, art, business, design, mass communication, and technology. Additionally, the famed sports arena, Madison Square Garden, and the recently renovated Moynihan Train Hall (Amtrak) are within a half mile radius. Several transport options are within the vicinity (access to the 1, 2, 3, A, C, E, N, Q, R, W, B, D, F, and M trains). Penn Station, one of the main transport hubs in Manhattan, can be reached within five minutes by walking, while the closest subway station, 28th Street, is just a two-minute walk away. The greater Penn District submarket is being revitalized through a multibillion-dollar master planned renovation, leading to further enhancements anticipated in the coming years.