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NEW YORK CITY — Aimco has acquired The Milan, a 92-unit apartment building at 118-122 West 23rd St. in Chelsea for $39 million, or $750 per square foot. The 15-story building contains ground-floor retail and a mix of one-, two- and three-bedroom units. Each unit features an outdoor terrace and floor-to-ceiling windows. Capital One Bank occupies approximately 10,000 square feet of retail space on the ground floor and basement. Paul Smadbeck, Brock Emmetsberger and James Nelson of Massey Knakal represented both parties in the transaction.