David Chu, founder of popular sportswear brand Nautica, has found a buyer for his six-story townhouse in the Flatiron District.
Chu purchased the 33-foot-wide, 19,800-square-foot commercial space at 25 East 22nd Street in 2004 for $9.3 million. Over the years, he renovated it, adding two more floors and an elevator, and converting it to a mixed-use space combining a one-bedroom pied-à-terre with exhibition space and offices.
Corcoran Group brokers Richard Phan, Carrie Chiang and Janet Wang had the most recent listing, for $29.99 million.
Amenities include 14-foot ceilings on the first floor and two terraces on the sixth floor, the New York Observer reported.