$19,950,000
Updated 8 years ago
Off Market

Bathhouse Studios

538 East 11th Street

East Village, Manhattan | Ave A & Ave B

1,400 Square FeetCommercial

$19,950,000
floors2
Lot Size50'5"x94'7"
Built Size51'x95'
ZoneR8B
Building TypeLow-Rise
RE Taxes$21,186
Price Per SF
$14,250

Outdoor space and views

  • Deck [2,200 SF]

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 538 East 11th Street

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of Bathhouse Studios, a one-of-a-kind multilevel studio and event space topped by a magnificent residence, located on the south side of East 11th Street between Avenue A and Avenue B. Built between 1904 and 1905 and designed in the Neo-Italian renaissance style, the former public bathhouse was converted into a high-end studio in 1995 by Pulitzer Prize winning photographer Eddie Adams. Designed by esteemed architect Gene Kaufman, the studio was used to house Adams’ work for Parade Magazine and Associated Press, in addition to some of his other major achievements. He also worked and conducted shoots in the studio. The studio and event space has hosted world renowned brands such as Lamborghini, Vogue, Gucci, Nike, Lacoste, Ketel One Vodka, Ford, and Victoria Beckham, among many others. The ground floor features 20 foot ceilings, oak floors, exposed brick, antique frosted windows, blue glass tile, and glass block skylights with electric black screen shades. There are two curb cuts on the ground floor, one of which leads to the English basement. The 11 foot high English basement consists of marble black & white tile and cement floors along with antique glass framed doors. The residence possesses 16 foot ceilings, oak floors throughout, antique ceiling light fixtures, a kitchen with granite and stainless steel countertops, and two grand bathrooms. Furthermore, both the kitchen and bathrooms are tiled and enjoy top of the line appliances. The residence walks out to a sun drenched 2,200 square foot outdoor deck that can serve home to remarkable gatherings. Additionally, the entire building utilizes a central HVAC system. The building is located within easy walking distance to the 14th Street L train stop and steps from popular neighborhood hot spots including Webster Hall, Astor Place, Cooper Square, International Center of Photography, New Museum of Contemporary Arts, Anthology Film Archives and The East River Waterfront Esplanade. The area has also experienced a number of astounding new developments such as Steiner East Village, Extell’s 510 East 14th Street and Magnum’s 100 Avenue A. These additions to the neighborhood, as well as many others, have garnered the attention of buyers who want to live, work, and play in one of the most dynamic neighborhoods in New York City. This is an extremely rare opportunity for residential and commercial end users to acquire the only first class freestanding building featuring an expansive studio, event space, fully renovated residence and landscaped roof deck in the heart of the East Village.

Listing History for 538 East 11th Street

Now
08/23/2018
POM by Michael F. DeCheser
Cushman & Wakefield
03/27/2018
$19,950,000
Initial Price by Robert Knakal
Cushman & Wakefield

Building Details for 538 East 11th Street

OwnershipCommercial
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1904
Floors2
Learn More About the Building

Transit and Citi Bike

Subway

1 Av
0.25 miles
3 Av
0.48 miles

Citi Bike

E 11 St & Ave B
0.04 miles
E 10 St & Ave A
0.06 miles

Contact Agents

Contact Agents

Michael DeCheser
Cushman & Wakefield
Jonathan Hageman
Cushman & Wakefield
Darragh Clarke
Cushman & Wakefield

East Village | Manhattan

Quick Profile

The East Village has two distinct moods. By day, it is quiet and peaceful. Everyone is out and about, either working or relaxing at Tompkins Square Park, strolling or jogging along the East River, or hanging out in one of the subsets of cultural activity, such as St. Mark’s Place. 

But then night falls, and the East Village comes to life, keeping the entertainment and nightlife going long after the other neighborhoods have called it quits for the night. People from all five boroughs flock to the dive bars and speakeasies, head for their favorite cafes and restaurants, or drop in to a music venue to listen to hot tunes or cool jazz and dance the night away. Don’t worry, you don’t have to “know somebody” to gain admittance to even the most popular venues. You won’t find velvet ropes, bouncers, or and a waiting list at the door of most places. Just walk right in and enjoy yourself.

Be prepared for the increased population during fall through spring, when NYU is in session. College students will be everywhere, contributing to the youthful essense of the neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72541TH