Legendary Mixed-Use Building in NoHo

Legendary Mixed-Use Building in NoHo

Legendary Mixed-Use Building in NoHo
New York, NY
Reserve $4,000,000
Previously $9,000,000
February 22
Auction Date

Property Highlights

Listing Agent
Charissa Sheptak, Compass

Overview
Own a piece of history - formerly owned by the legendary Andy Warhol and connected to his famous studio on Great Jones, this 5-unit, 6,000 sq. ft. (approx.) mixed-use walk up building has a celebrated history where Basquiat created works of art in the backyard and The Cramps performed in the basement. Rare opportunity to own a piece of history in a coveted location.

Location
West side of Bowery between Great Jones St. and Bond St. directly across The Bowery Hotel.

Lot Size
26.33 ft. x 78.5 ft.
(approx. 1,905 sq. ft.)

Building Size
25 ft. x 55 ft.
(approx. 6,099 gross sq. ft.)

Building Height
4 stories (approx. 43 ft.)

Total Units
5 (4 residential and 1 commercial)

How to Participate

  1. Download Brochure Click Here
  2. Review Due Diligence Information Click Here
  3. Tour Property
    By appointment only. Please call 212.867.3333 or email [email protected] to arrange a tour on:

    · Thursday, January 26
    · Wednesday, February 15

  4. Submit Bid by Deadline: Wednesday, February 22 at 4pm EST
    You must submit a written bid by the bid deadline. Instructions are included in the Due Diligence Information.

    Buyer’s Premium 3%. Broker Participation Invited.

    Subject to prior sale. Submit bid at anytime.

    All bids are encouraged. Seller (a) will accept the highest bid at or above the Reserve price (on terms set forth by Paramount) and (b) has the right to accept a bid below the Reserve price.
OWN A PIECE OF HISTORY Formerly owned by the legendary Andy Warhol and connected to his famous studio on Great Jones, this 5-unit, 6,000 sq. ft. (approx.) mixed-use walk up building has a celebrated history where Basquiat created works of art in the backyard and The Cramps performed in the basement. Rare opportunity to own a piece of history in a coveted location. PROPERTY OVERVIEW The ground floor is occupied by an impressively renovated sushi restaurant and studio apartment while the other residential units feature full, floor-through loft layouts that have been updated with individual heating and electrical systems. Directly across the street from The Bowery Hotel, this building is located on Bowery between Great Jones Street and Bond Street in the heart of NoHo at the intersection of the vibrant neighborhoods of the East Village, SoHo, Lower East Side and Greenwich Village and in close proximity to subways. Three of the five tenants are in place under the NYC Loft Law and the building has been properly maintained with renovations over the years. Fair Housing Notice

Broker Participation

Click below to download registration form Download