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, 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 refresh, 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.