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Résumé de l'annonce
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.
Faits sur la propriété
| Type de vente | Investissement | Classe d’immeuble | B |
| Nombre d’unités | 145 | Taille du lot | 0,69 AC |
| Type de propriété | Immeuble residentiel | Taille du bâtiment | 228 613 pi² |
| Sous-type de propriété | Appartement | Nombre d’étages | 10 |
| Style d’appartement | De hauteur moyenne | Année de construction/rénovation | 1920/1987 |
| Zonage | M1-5 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Type de vente | Investissement |
| Nombre d’unités | 145 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Taille du lot | 0,69 AC |
| Taille du bâtiment | 228 613 pi² |
| Nombre d’étages | 10 |
| Année de construction/rénovation | 1920/1987 |
| Zonage | M1-5 - Light industrial with offices, hotels, and most retail uses permitted |
Commodités
Commodités des unités
- Lave-vaisselle
- Traitement des déchets
- Micro-ondes
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Électroménagers en acier inoxydable
- Fourchette
- Bain/Douche
- Vues
- Comptoirs en quartz
Commodités du site
- Concierge
- Cour
- Installations de lessive
- Piscine
- Portier
- Édifice d'époque
- Ascenseur
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 145 | - | - |
1 1
Exceptionnellement accessible à pied
100/100
Relativement adapté aux voitures
30/100
Transports en commun exceptionnels
100/100
Exceptionnellement accessible en vélo
90/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 5 127 176 $ CAD | |
| Évaluation du terrain | 565 567 $ CAD | Évaluation totale | 5 692 743 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
565 567 $ CAD
Évaluation des bâtiments
5 127 176 $ CAD
Évaluation totale
5 692 743 $ CAD
1 de 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Printing House | 405-421 Hudson St
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