421 Hudson St Office
  • Asking Price
    $32MAsking Price
  • Size
    32,645 SFSize
  • Occupancy
    100%Occupancy
  • Built
    1920Built
  • WALT
    19.55 YearsWALT
  • Zoning
    M1-5Zoning

Description

The Printing House at 421 Hudson Street in New York is a fully leased, 32,645-square-foot office building originally constructed in 1920. This historic asset delivers immediate, hands-off income, boasting 100% occupancy across its premises. Established tenants support a reliable revenue stream from day one. Located in New York City, the property benefits from enduring demand for office space.

As of its current offering, The Printing House generates an in-place NOI of $1,944,287 and features a weighted average lease term of 19.55 years, underscoring exceptional income stability. Zoned M1-5, the asset affords flexibility for a range of office or light industrial uses. Investors will appreciate the long-term lease commitments and the asset’s fully occupied status. Strong lease durations and tenant profiles underpin a low-risk ownership experience.

Offered at $32,000,000, The Printing House represents a rare opportunity to acquire a fully stabilized office building in New York City’s competitive market. Its combination of historic architecture, predictable cash flow and extensive lease terms positions it for sustained value creation. This offering appeals to institutional and private investors seeking a turn-key asset with long-term upside. Secure a legacy investment in one of the world’s foremost commercial capitals.

Offering Summary

  • Asking Price
    $32,000,000
  • Property Type
    Office
  • Size
    32,645 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    1920

Sale Details

  • Walt
    19.55 Years
  • In-Place NOI
    $1,944,287

Documents

Property Address

421 Hudson St
New York, NY 10014-3646

Property Details

  • Property Type
    Office
  • Square Feet
    32,645 SF
  • Occupancy
    100%
  • Year Built
    1920
  • Zoning
    M1-5

Deal Team

David Schectman profile image

David Schectman

Managing Director
Meridian Capital Group