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Extremely Rare Offering

Own New York's Thriving Music Production Hub and a Piece of Music History.

Available for purchase are a legendary, world class recording studio business called Avatar Entertainment Corporation (known as Avatar Studios) and a four-story building in Midtown West, Manhattan, New York City that houses the studios. They are being sold together.

The recording studios was originally built in 1977 as The Power Station and became Avatar Studios in 1996. During the last 38 years, over 400 Gold and Platinum albums - from jazz, rock to classical - have been recorded at this facility.  It is considered one of the top recording studios in the world and one of the last great recording studios in New York City. The studio continues to be busy today serving Broadway, media & advertising companies, and the film & music industries in the Media Capital of the World.

The property is located in the C6-2 zoning district within the Special Clinton District which provides for an FAR of 4.2.   Based on an approximate existing land area of 7,537 square feet and an FAR of 4.2, a gross building area of up to approximately 31,655 +/-_square feet can be constructed.  The existing building contains an above grade gross building area of approximately 23, 325 +/-.   Consequently, there are approximately 8,330 +/- square feet of unused development rights available to the subject property.  (Please note that the foregoing is subject to independent verification by any interested party.)     The existing building also contains a basement below grade which is approximately 6,408 square feet in size.

Price Available Upon Request.

 

Property Location:

441 West 53rd Street, New York, NY 10019
North side of West 53rd Street between 9th and 10th Avenues
Clinton section of Manhattan, New York County, New York

Census Tract:
133.00/4

Tax Map Designation:
Block 1063, Lot 8

Land Area:
Approximately 7,537 square feet

Frontage:
Approximately 75 linear feet along West 53rd Street

Zoning:
C6-2 / Special Clinton District - City of New York

 

Midtown West Location

New York’s Manhattan Midtown (Midtown: Madison/5th Avenue) is the world’s third most expensive office market, after London and Hong Kong.

To the South:

There has been a surge of development from the Meatpacking District to Chelsea, where Google has its huge offices, and north along the High Line that was just extended to 34th Street ending in Hudson Yards Redevelopment Project near Javits Convention Center.

To the North & West:

Beginning from 72nd Street, a row of high-rise condominiums have been built along the Hudson River front and construction continues on the west side moving southward into the high West 50s.

To the East:

At “Billionaire’s Row” on Midtown’s 57th Street, seven luxury towers are in construction within a six-block radius looming over Central Park. Columbus Circle (where Mandarin Oriental Hotel is located) is a short walk away as well as cultural institutions like The Metropolitan Opera House, Jazz at Lincoln Center and Alvin Ailey American Dance Theater.

Public Transportation:

Subway lines 1, B, C, E that run along the west side is close by, and the Port Authority Bus Terminal on 42nd Street and Penn Station (access to Amtrak and Long Island Railroad) on 34th Street are a couple of stations away.

 

Last of the legendary New York recording studios.

The building where Avatar Studios is housed was a former power plant that supplied power to the neighborhood. After the power company left, the building was turned into a sound stage for the popular television game show, Let’s Make a Deal with Monty Hall, operated by LewRon Television.

The building was repurposed again in 1977 and became the legendary recording studio called The Power Station. Ownership changed in 1996 and continued the legacy of recording excellence as Avatar Studios for almost 20 years.

Sampling of albums recorded and/or mixed at the studio over the years.
Over 400 Gold and Platinum albums were recorded here.

Many artists, producers, and engineers have passed through the doors of this studio. This facility served as Madonna’s home when she recorded Like a Virgin and played host to luminaries including Bruce Springsteen, The Rolling Stones, David Bowie and Roxy Music. More recently, artists such as Lady Gaga, Nile Rodgers, Beck, Bruno Mars, Paul McCartney, Paul Simon, John Mayer, Trey Anastasio, Muse, Josh Groban, Tony Bennett and Wynton Marsalis recorded their projects at Avatar.

The Broadway cast albums recorded at Avatar include Hamilton, Fun Home (which won a Tony for Best Musical this year), Finding Neverland and An American in Paris. We have been recording with Andrew Lloyd Weber on the music for School of Rock coming to Broadway.

New York State Film Tax Incentives:

The New York State Film Tax Credit Program provides incentives to production companies that produce feature films and television shows. The New York City Mayor's Office of Media & Entertainment also promotes and supports production in the City. Avatar Studios has benefited from these programs to record music for these shows taking advantage of the top session musicians from the New York area.

We recently recorded film music for the Coen Brothers new film, Hail Caesar! Location shoots for shows done at Avatar include HBO's Vinyl and Netflix's The Get Down, both shot in Studio A. We are also recording music for the series Vinyl. We recorded the theme song for The Late Show with Stephen Colbert with bandleader Jon Batiste.

There are four main rooms that serve the client's needs for all stages of audio recording and in tiered offerings. Much of the original room designs from Power Station were left intact. As Avatar, careful and incremental improvements were made, including the addition of two digital recording suites and mastering operations.

The large inventory of vintage recording equipment is also a major draw. The equipment is diligently maintained and the staff is highly trained, able to handle very large recording sessions efficiently. All of these factors contribute to the popularity and longevity of the studio.

Studio A

Orchestral & cast recordings

Avatar’s flagship room, is large enough to fit a 60-70 piece orchestra and serves as a critical industry resource to the busy New York music scene. With its dome shaped high ceiling, it is renown for its fantastic (rich and vibrant) drum sound as well as its fine live acoustic qualities.

Studio B

record & mix small ensembles

Studio B has an intimate live recording space ideal for indie bands and jazz trios. The room is used for both recording and mixing projects. The room can be tied together with Studio A to handle very large recording sessions such as a Broadway cast album.

Studio C

large acoustic ensembles

Large enough to handle up to 30 musicians, Studio C is a popular recording space because of five isolation booths with great line of sight. This room is often used for rock projects, string sessions and jazz big band recordings.

Studio G

Film score mixing

Studio G is primarily used for mixing and overdubs using the adjacent, medium sized live space. The control room is often used for surround mixing for film and live performance footage that utilizes 5.1 channels of sound.