David Chu, the founder of popular sports apparel brand Nautica, bought a six-story Chelsea property for $13 million, The Real Deal has learned.
The seller of the 13,056-square-foot building at 256 West 15th Street, who is a private local investor, bought the property about a year and a half ago for $10.75 million. The property — which includes 22 apartments and two retail locations — is located between Seventh and Eighth avenues, close to Google’s headquarters.
Okada & Company’s Christopher Okada and David Ho represented the seller. Okada represented Chu in the transaction.
Chu bought the property as an investment, Okada said. The building has recently been renovated. A laundromat and a salon are located in the two retail spaces.