Andy Warhol’s former NoHo building is accepting auction bids from potential buyers

In the years after World War II, New York City became home to many prominent artists and musicians, who were inspired by the city even at its darkest times. One of these aspiring artists was Andy Warhol. 

He was born in Pittsburg, Pennsylvania, and moved to New York City in 1949. Through the course of his career, Warhol acquired multiple art studios across the city, including the building at 342 Bowery, which is currently looking for a new owner.

Warhol’s former Bowery building could be best described as a piece of art history. It welcomed many well-known guests, such as Jean-Michel Basquiat and members of the rock band the Cramps. Andy Warhol bought this NoHo studio in 1970 along with another property – 57 Great Jones St. The two buildings were connected via a backyard, where Basquiat would often paint. 

“The building at 342 Bowery is more than just extremely well-located real estate,” Misha Haghani, founder of Paramount Realty USA, told Architectural Digest. “Its history as a building previously owned by Andy Warhol gives it special value, almost like an autographed baseball card.”

Currently, the four-story structure serves as a home to a sushi restaurant, one small studio on the ground floor, and three loft-style apartments on the upper floors. Each loft spans about 1,300 square feet and has a bedroom, a bathroom, and an additional space that could be used as a home office. Other notable features include large windows that bring tons of natural light into each room. 

If you want to become the next owner of Warhol’s former studio, mark your calendar for December 8th. The minimum bid is set at $5,699,000. Previously, this mixed-use building appeared on the sales market with an asking price of $9,000,000. Those, who wish to tour the property, could make an appointment before the auction starts. 

Resources:

“Andy Warhol’s Former New York City Building Is Going to Auction,” by Katherine McLaughlin (Architectural Digest, 2022)

“Andy Warhol’s former NYC building heads to the auction block,” by Jennifer Gould (New York Post, 2022)

“Where Did Andy Warhol Live in NYC? And Where Was The Factory Located?” by Laura Vecsey (StreetEasy, 2020)