This beloved NYC theater is finally poised to sell – after decades of vacancy

The show might finally go on for Manhattan’s Metro Theater.

After being put up for sale by the estate of its former owner, this uptown Art Deco gem, which sat vacant since 2005, is in the home stretch of being sold to the perfect buyer.

The Upper West Side Cinema Center, a 6-month-old nonprofit formed to revive the neighborhood’s indie film scene, signed an agreement earlier this month to purchase the 10,260-square-foot building at 2626 Broadway for $7 million cash. To seal the deal, the center just needs to raise another $4.5 million by Jan. 10, 2025.

“That’s the drop-dead date,” Ira Deutchman, who co-founded the center, told The Post.

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Standing on Broadway, the theater had seen a number of deals fall through. James Keivom

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It’s been a long story for the Metro Theater, which had screened movies since the 1930s.

Albert Bialek, a commercial real estate broker who bought it in the 1980s, tried to lease the space out after closing the business in 2005. Deal after deal fell through, however, with the wake of potential tenants including Planet Fitness, Urban Outfitters and Alamo Drafthouse .

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