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Andy Warhol's First NYC Studio Hits Market For $10M

By Shaye Weaver | April 4, 2016 2:20pm | Updated on April 5, 2016 6:15pm

CARNEGIE HILL — Andy Warhol's first New York City studio was an abandoned, two-story firehouse on East 87th Street that he rented for $150 a month.

Now the same building is up for sale for $10 million, according to Cushman & Wakefield, the real estate company brokering the listing.

Warhol used the 5,000-square-foot, red firehouse at 159 E. 87th St. — a short walk to the Guggenheim Museum and the Metropolitan Museum of Art — as his first studio outside of his home and it's likely where he created his "Disaster" series, according to the broker.

Warhol leased the space from the city in 1962. At the time he lived nearby at 1342 Lexington Ave. between East 89th and East 90th streets.

When Warhol moved in, he had already been looking in Midtown for the first iteration of his famous Factory studios, according to BlouinArtInfo.com, which first reported the listing.

Warhol terminated the firehouse lease in 1963.

159 E87 H&L 13 jeh.jpg
By Jim Henderson

The structure, which was built as a firehouse for Hook & Ladder 13 in 1910, is currently being used for storage by art dealer Wildenstein & Co., according to city records.

Cushman & Wakefield described the building as a "blank canvas" because it could be transformed into commercial or residential use, or as a community or medical facility.