YORKVILLE — Yo Adrian!
A boxing gym that counts Sylvester Stallone and Justin Bieber as investors is planning to open a location on Third Avenue by the end of the year, according to the company and reports.
Rumble will take over the entire five-story building, which used to house S Cavallo Antiques. SMA Equities bought the building last year for $18.2 million, city records show.
The new gym, which opened its first location in Chelsea earlier this year, specializes in boxing-inspired group fitness classes set to hip-hop and mood lighting, Rumble's website says. The gym's punching bags are actually filled with water.
The gym's 10-year lease clocks in at about $1 million per year, Rumble spokeswoman Samantha Wenig said. She explained that the company chose the Upper East Side for its next location because the area's demographic fits well with Rumble's core customer.
Stallone invested in the company, which the New York Post called "the most anticipated group-fitness concept since SoulCycle."
Winick Realty brokered the deal.