405-421 Hudson St
New York, NY 10014
Printing House · Multifamily Property For Sale · 145 Units

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.