B6 Brings Chelsea Portfolio to Market for First Time in a Century
B6 Real Estate Advisors is marketing the sale of Chelsea Corner, a collection of four mixed-use buildings in Manhattan’s Chelsea neighborhood. Listed at $22 million, the portfolio is on the market for the first time in over 100 years.
Offering investors both air rights and immediate in place income, the portfolio contains significant street and avenue frontage along Seventh Avenue and wrapping onto West 20th Street on a prime corner. “We haven’t seen a trade of a corner mixed-use property assemblage with stable income in Chelsea since 2018; this is certainly a rare offering,” said B6’s Brock Emmetsberger.
Emmetsberger and B6’s Paul Massey, Christian Kane and Jameson Hill are representing the seller, the Dulchin family.
Included in the portfolio at 201-203 & 205 W. 20th St. and 172 & 174 Seventh Ave. are 41 residential units and five commercial units, with 25,560 square feet of available air rights.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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