The Real Deal New York

But is it art? Former Warhol studio on UES asks $10M

The pop artist rented the two-story building for $150 a month in the 1960s

April 06, 2016 04:28PM

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From left: 159 East 87th Street on the Upper East Side and Andy Warhol (Credit: Jack Mitchell via Wikipedia)

In the future, all of Andy Warhol’s former studios will be famous for 15 minutes. The two-story, 5,000-square-foot space that the pop artist rented for $150 a month is now asking $10 million.

Warhol rented the space at 159 East 87th Street from the city from 1962 to 1963. It was his first art studio outside of his home, DNAinfo reported. While using that studio, Warhol lived at 1342 Lexington Ave. between East 89th and East 90th streets.

Art dealer Wildenstein & Co. is using the red building, which was a former firehouse, as a storage space, according to city records, DNAinfo reported.

Cushman & Wakefield’s Thomas D. Gammino Jr., Brett Weisblum and Louis Marchetta have the listing.

In April 2015, Warhol’s lease for the building was auctioned off at Sotheby’s. His former townhouse at 1342 Lexington Ave. sold for $5.5 million in 2013. In December, the artist’s former 5.7-acre Montauk estate sold for $50 million to Adam Lindemann, founder of the gallery Venus Over Manhattan. [DNAinfo]Dusica Sue Malesevic

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