New York City — Atlantic Capital Partners has arranged the $31 million sale of 893 Broadway, a 25,442-square-foot boutique office and retail building located in Manhattan’s Flatiron District. The five-story building is fully leased. Luxury mattress retailer Saatva occupies the lower-level and ground-floor retail space and Chief, a private network for women executives, occupies floors two through five. Chief, which has been a tenant at the property since 2019, has transformed its space into a flagship clubhouse that features a marble library bar, private call rooms, lounges, seven conference rooms and two penthouse terraces.
893 Broadway underwent a comprehensive renovation in 2018 that included a total replacement of the mechanical, HVAC, electrical and fire detection/suppression systems, alongside a full restoration of the historic cast-iron façade, retail storefront, windows and sidewalk vault. Justin Smith, Chris Peterson, Sam Koonce and Danielle Turpin of Atlantic Capital Partners represented the seller in the transaction.