Andy Warhol’s NYC Apartment Building Is Going Up For Auction

published Nov 4, 2022
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Graphic of Andy Warhol
Credit: Photo: Powell/Express/Getty Images; Design: Apartment Therapy

On December 8, the highest bidder will be able to call Andy Warhol’s former New York City apartment building their own. 342 Bowery in Manhattan (along with the neighboring property 57 Great Jones Street, connected to 342 by a backyard) was Warhol’s abode back in the ‘70s and ‘80s, housed fellow artist Jean-Michel Basquiat, and was the backdrop to many performances from The Cramps. The entire building it’s going up for auction with bids starting at $5.7 million.

After Warhol and Basquiat’s deaths in the late ‘80s, the Andy Warhol estate separated 342 Bowery and 57 Great Jones Street and sold them as individual properties.

342 Bowery, which has been owned by the current seller since 1992, was originally on the market for $9 million last year but is now being listed and auctioned off through Compass and Paramount Realty USA for a fraction of that price. The building is a mixed-use property that has a sushi restaurant and a 660-square-foot studio apartment on the ground floor, with one-bedroom, one-bathroom lofts on the three upper floors, each about 1,300 square feet.

Though the early 20th-century exterior of the building is fairly unassuming, the interior is clean, fairly modern, and features sunny interiors. The lofts also appear to be move-in ready if the buyer is interested in renting them out.

Those interested in bidding on the property and becoming the next caretaker of a historic landmark can set up a walk-through appointment anytime before the December 8 auction date.