Cushman & Wakefield have placed a $9.975 million asking price on the property. Measuring 5 000 sq.ft., the building was a firehouse, before Warhol turned it into his studio in the early 1960's.

The property on Image via The property on 159 East 87th Street Image via Cushman & Wakefield

In 1962, Warhol moved his work to the 159 East 87th Street location. Warhol rented the property for $100 a year. This period marked a turning point for Warhol, as in 1963 he told art critic G.R. Swenson: ''I think somebody should be able to do all my paintings for me,'' and shortly after he hired Gerard Malanga to work as his assistant at the 87th Street property.

Not content with the firehouse studio, around this time Warhol started seeking locations in midtown for The Factory, before decided on a former hat manufacturers on East 47th Street to open his hangout for the ultra hip.

Andy-Warhol-Factory-1964-009 Andy Warhol with Billy Name’s cat at the Factory, 1964. Photograph: Billy Name

the_club_party_3308666k Party at the Andy Warhol “Silver” Factory 231 East 47th Street , September 1, 1965 Photograph: Fred W McDarrah

Warhol famously covered the walls with silver foil for the opening of The Factory in January 1964.

The old lease for the property, which was signed by Warhol, sold at Sotheby’s in 2014 for $13 750. Check it out on Barnebys here.