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421 Hudson StNew York, NY 10014
421 Hudson Street
Asset ClassRetail
421 Hudson Street
overview of deal

Overview

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.

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421 Hudson StNew York, NY 10014

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