Powerhouse Gym to Open 19K-SF Outpost in Chelsea

Powerhouse Gym is set to open its first fitness center in Manhattan by this summer, Commercial Observer has learned.

Powerhouse, which has locations in more than 20 countries, has signed a lease for 18,887 square feet on the ground floor, lower level and second floor of AFIAA’s 158 West 27th Street, according to landlord broker Masonre.

The lease is for more than 10 years. The asking rent was $125 per square foot on the ground floor, $60 per square foot on the second floor and $50 per square foot on the lower level, Masonre said.

“We targeted a fitness use from the onset of our marketing,” Masonre’s David Abrams, who brokered the deal for the landlord along with Eliot Goldschmidt and Jeff Jacobson, said in a statement. “Ownership was patient to identify the perfect use for the space. We found an entrepreneurial operator with the right energy to succeed.”

KSR’s Conrad Bradford, who represented the tenant in the deal, said in a statement to CO that the transaction has “elevated the neighborhood’s fitness and wellness offerings for residents and businesses.”

A spokesperson for AFIAA did not immediately respond to a request for comment.

The deal will be Powerhouse’s first Manhattan location and second New York City space overall, as it previously opened a spot at 3030 Northern Boulevard in Long Island City, Queens, according to its website. The gym has dozens of other locations across New York and New Jersey.

Powerhouse’s new gym at AFIAA’s 12-story building between Avenue of the Americas and Seventh Avenue will replace previous tenant Planet Fitness and feature “state-of-the-art equipment” and a “signature smoothie and juice bar,” according to Masonre.

“Powerhouse Gym’s expansion into Chelsea is a game changer for Manhattan’s fitness scene,” a spokesperson for Powerhouse said in a statement to CO. “As the only Powerhouse Gym in the borough, we’re bringing something truly unique — an elite training environment that blends old-school grit with modern innovation.”

Other tenants of 158 West 27th include wedding dress designer Morilee, financial consultant United Financial Network and medical supply store Verse Medical.

Isabelle Durso can be reached at idurso@commercialobserver.com.