The Real Deal New York

Own the lease for Andy Warhol’s very first NYC studio

1962 document slated to sell for up to $12K at Sotheby's

March 24, 2015 05:30PM

From left: 159 East 87th Street, Andy Warhol and the lease

From left: 159 East 87th Street, Andy Warhol and the lease

Andy Warhol’s lease for his very first New York City studio is hitting the auction block next week.

The Pop Art pioneer rented a former firehouse at 159 East 87th Street, between Lexington and Third avenues, for $150 per year, Curbed reported. He had written a letter and requested the space after outgrowing the workspace in his nearby apartment.

The lease, which he signed December 1962, is slated to sell for up to $12,000 when Sotheby’s auctions it off April 1 at 8 p.m.

In 2013, a four-bedroom apartment at 1342 Lexington Avenue owned by Warhol for two years sold for $5.5 million. [Curbed]Mark Maurer

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