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NEW YORK CITY — Massey Knakal has arranged the sale of a four-story loft building located at 727 Sixth Ave. in Manhattan's Chelsea neighborhood for $8.1 million, or $1,358 per square foot. The 6,000-square-foot building includes a ground-floor retail unit, second-floor commercial space and live/work units on the third and fourth floors. This property is located between West 23rd and West 24th streets. Neighboring retailers include Best Buy, Trader Joe’s, Chase, and Staples. Long-time owner Robin Rice sold the property alongside her sister Lauren and father Sol. The Rice family owned the mixed-use property for more than 60 years. Brock Emmetsberger and Bob Knakal of Massey Knakal handled the transaction.