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Printing House 405-421 Hudson St 145 Unit Apartment Building For Sale New York, NY 10014
Executive Summary
Meridian Investment Sales is pleased to present exclusively
for sale the commercial condominium interest at 421 Hudson
Street, collectively known as “The Printing House,” a premier
fitness property fully leased to Equinox.
The offering encompasses seven commercial condominiums
totaling 32,645 square feet across four floors, representing a
14.21% undivided interest in the iconic West Village residential
building. The space is purpose-built for luxury fitness use,
including a member lounge, pool deck, yoga, pilates, and
cycling studios, expansive gym space, and full locker room
facilities. Equinox occupies 100% of the condominium under
a recently revised long-term lease through 2045 with rent
escalations every 5 years, which is fully guaranteed through
2038. Current base rent is $1.96MM ($60.12 PSF). The lease is
structured on a triple-net basis, with the tenant responsible
for 100% of real estate taxes, common charges, and utilities.
Equinox is presently finishing a full elevator overhaul, and the
space has recently undergone a multi-million dollar capital
improvement.
Equinox Holdings Inc., named in 2025 as Manhattan's largest
retail tenant and having recently received a 2024 $1.8 billion
private equity investment, serves as guarantor of the lease
through 2038, ensuring durable credit backed income. The
property presents investors the opportunity to acquire a
stable, institutional-quality asset with long-term tenancy,
premium buildout, and strong fundamentals in one of
Manhattan’s most sought-after neighborhoods.
for sale the commercial condominium interest at 421 Hudson
Street, collectively known as “The Printing House,” a premier
fitness property fully leased to Equinox.
The offering encompasses seven commercial condominiums
totaling 32,645 square feet across four floors, representing a
14.21% undivided interest in the iconic West Village residential
building. The space is purpose-built for luxury fitness use,
including a member lounge, pool deck, yoga, pilates, and
cycling studios, expansive gym space, and full locker room
facilities. Equinox occupies 100% of the condominium under
a recently revised long-term lease through 2045 with rent
escalations every 5 years, which is fully guaranteed through
2038. Current base rent is $1.96MM ($60.12 PSF). The lease is
structured on a triple-net basis, with the tenant responsible
for 100% of real estate taxes, common charges, and utilities.
Equinox is presently finishing a full elevator overhaul, and the
space has recently undergone a multi-million dollar capital
improvement.
Equinox Holdings Inc., named in 2025 as Manhattan's largest
retail tenant and having recently received a 2024 $1.8 billion
private equity investment, serves as guarantor of the lease
through 2038, ensuring durable credit backed income. The
property presents investors the opportunity to acquire a
stable, institutional-quality asset with long-term tenancy,
premium buildout, and strong fundamentals in one of
Manhattan’s most sought-after neighborhoods.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 145 | Lot Size | 0.69 AC |
| Property Type | Multifamily | Building Size | 228,613 SF |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1920/1987 |
| Zoning | M1-5 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Sale Type | Investment |
| No. Units | 145 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 228,613 SF |
| No. Stories | 10 |
| Year Built/Renovated | 1920/1987 |
| Zoning | M1-5 - Light industrial with offices, hotels, and most retail uses permitted |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Quartz Countertops
Site Amenities
- Concierge
- Courtyard
- Laundry Facilities
- Pool
- Doorman
- Vintage Building
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 145 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,127,176 CAD | |
| Land Assessment | $565,567 CAD | Total Assessment | $5,692,743 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$565,567 CAD
Improvements Assessment
$5,127,176 CAD
Total Assessment
$5,692,743 CAD
Contacts
-
David Schechtman -
Lipa Lieberman -
Jonathan Schwartz -
Henry Barnathan -
Ryan Windus -
Meridian Capital Group, LLC
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Printing House | 405-421 Hudson St
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