Andy Warhol’s Former Townhome for Sale
By Lucas on Apr 22, 2013
Calling all Andy Warhol fans who happen to be looking for a new home - Warhol’s former New York townhome is currently listed for a cheap $5,795,000.
The history of Andy Warhol’s former home
The townhome at 1342 Lexington Ave., was built in 1889 and designed by Henry Hardenbergh. Warhol purchased the home in 1959 for $60,000, and lived there with his mother. Warhol used the main floor as his painting studio. While living at 1342 Lexington, Warhol created his first paintings based on comics and advertisements, painted portraits of Marilyn Monroe and Natalie Wood, and began many films. Warhol was extremely prolific in the ‘60s and this is where he lived when it was all happening!
In 1974, Warhol leased the home to his business manager Frederick W. Hughes, and then in 1989, Hughes ended up purchasing the home for $593,000. Since Hughes sold the townhome, there have been two past owners, and the home has undergone dramatic renovations.
Andy Warhol’s former New York townhome
The townhome at 1342 Lexington Ave. is 3,072 square feet with four bedrooms and 4.5 bathrooms. Each bedroom has its own wood-burning fireplace - which is pretty awesome - we never really see homes like that anymore...mostly because of the invention of central heating.
Of course, the past owners invested quite a bit into Warhol’s former home. The kitchen features all brand name appliances, custom cabinetry, and Caesarstone countertops (click here to read our interview with the COO of Caesarstone). Also, there is a Sub-Zero wine storage facility that has been installed.
The price of Andy Warhol’s townhome
Let’s just take a look at these prices for a minute. Warhol purchased the home in 1959 for $60,000. Hughes in 1989 for $593,000. And now it’s selling for $5,795,000. Look what five decades and a little reno love can do for a modest, late-19th century home.
Would you pay almost $6 million for about 3,000 square feet? Thats only about $2,000 a square foot...sound like a deal? It might for a die hard Warhol fan! There’s no doubt that the history of the home has added a few dollars to the asking price.All images via Zillow.com