Iron 65 · Newark, New Jersey · Ironbound District
Private Club.
Elite Wellness.
3,926 SF of Exclusive Commercial Space — Private Members Club with Recording Studio & Elite Wellness Spa at Iron 65
The Opportunity
An Exclusive Private Destination
Iron 65 is a newly completed luxury residential building with 135 units in Newark's thriving Ironbound District. The ground floor and lower level offer 3,926 SF of exclusive commercial space — designed for two complementary businesses that create a private, high-end destination.
A private members club with 21-foot double-height ceilings, a mezzanine-level recording studio, and a discreet exterior on the ground floor. An elite wellness spa sanctuary in the basement below. Together, they serve celebrities, politicians, and VIP clientele in absolute privacy.
3,926
TOTAL SF
2
EXCLUSIVE TENANTS
21'
CEILING HEIGHT
135
LUXURY UNITS ABOVE
The Space
Two Levels. Absolute Privacy. Unmatched Luxury.
3,926 SF of exclusive commercial space across two levels — a private members club with 21-foot ceilings and mezzanine recording studio above, and an elite wellness spa sanctuary below.
Ground Floor + Mezzanine · 1,977 SF + ~988 SF Mezzanine · 21'-4" Ceilings
Private Members Club & Recording Studio
Video Walkthrough · Private Members Club
Street Presence · Discreet & Private
Invisible From the Outside
Dark opaque facade with no signage — only a small brass number plate. Tinted glass panels reveal nothing. The exterior communicates exclusivity through restraint. Celebrities, politicians, and VIP members enter without public attention.
Main Lounge · 21'-4" Double-Height Ceilings
Ultra-Luxurious Interior
Crystal chandeliers suspended from 21-foot ceilings. Dark marble floors, velvet banquettes, gold brass accents, and a full premium bar. Intimate lounge areas designed for private events, exclusive gatherings, and high-profile networking.
Mezzanine Level · ~988 SF · VIP Overlook
Elevated Private Viewing
The 21-foot ceiling height allows for a full mezzanine level (~988 SF) — VIP seating overlooking the main lounge below, with gold brass railings and intimate table service. The double-height architecture creates a dramatic sense of scale rarely found in commercial spaces.
Mezzanine Level · Recording Studio
Professional Studio with Club Views
A glass-enclosed professional recording studio on the mezzanine — full mixing console, isolation booth, and studio monitors. Artists record with a view of the club below. The perfect convergence of music, nightlife, and exclusivity.
Ground Floor
1,977 SF
Mezzanine
~988 SF
Total Club
~2,965 SF
Ceiling Height
21'-4"
Exterior
Private
Lower Level · 1,949 SF · 9'-8" Ceilings
L'RYŪ Elite Wellness — Underground Sanctuary
Video Walkthrough · Descending to L'RYŪ Spa
L'RYŪ · Private Sanctuary · Lower Level
1,949 SF of Open, Configurable Space
The entire lower level is a single open space — no fixed walls, no room divisions. Column-supported with clear span, stair access from the ground floor at the back, and full flexibility to design the layout around L'RYŪ's vision. Treatment zones, relaxation areas, and service stations flow naturally through the space.
Total Space
1,949 SF
Ceiling Height
9'-8"
Access
Stair Down
Layout
Open Concept
Revenue Ecosystem
Beyond Base Rent — The Upsale Potential
Each tenant generates significant revenue beyond base rent through memberships, events, and premium services. The private club model in particular commands exceptional returns per square foot.
Private Members Club
1,977 SF + Mezzanine · Base: $5,500/mo
Potential
$40K–$150K/mo additional
Revenue Streams
- ◆Membership fees ($500–$5,000/mo per member)
- ◆Private event hosting & venue rental
- ◆Recording studio sessions ($200–$500/hr)
- ◆Premium bar & bottle service
- ◆VIP table reservations
- ◆Corporate private events
- ◆Celebrity appearances & partnerships
135 luxury residents upstairs represent a built-in membership pipeline. A 'resident priority' membership tier creates recurring revenue from day one.
L'RYŪ Elite Wellness
1,949 SF · Base: $4,500/mo
Potential
$12K–$40K/mo additional
Revenue Streams
- ◆Membership program (50–100 members)
- ◆Retail product sales
- ◆Corporate wellness packages
- ◆Gift cards & holiday packages
- ◆Bridal & event prep
- ◆IV drip therapy & add-ons
- ◆Classes & workshops
Club members upstairs become spa clients downstairs. Cross-membership packages between the club and spa create a complete luxury lifestyle ecosystem.
Cross-Tenant Synergies
Each Tenant Amplifies the Other
Club & Spa Package
Members get priority spa access. Post-event recovery treatments. VIP wellness add-ons for private parties.
Recording & Relaxation
Artists book studio sessions with spa treatments included. A unique offering no other studio in the region provides.
Resident VIP Access
135 luxury residents get exclusive membership pricing for both the club and spa — creating a captive, high-value customer base.
Combined Additional Revenue Potential
$52K – $190K/month
Combined potential from membership fees, events, studio sessions, spa services, and cross-tenant packages — on top of $10,000/month base rent.
The Ironbound Residential Boom
2,861+ Luxury Residents at Your Doorstep
The Ironbound is experiencing an unprecedented residential transformation. From Murphy Varnish Lofts on the same street to the massive 1,408-unit Iberia development just approved — thousands of high-income residents are arriving within walking distance of Iron 65.
2,861+
Luxury Units Within Walking Distance
$2,100–$2,990
Monthly Rent Range
1,910+
Additional Units in Pipeline
Ironbound Area Residential Developments
| Development | Units | Distance |
|---|---|---|
| Iron 65Your Building | 135 | In-building |
| Murphy Varnish Lofts | 40 | Same street |
| 55 Union | 80 | 0.2 mi |
| Newark Urby | 296 | 0.4 mi |
| Iconiq 777 | 400+ | 0.5 mi |
| Iberia | 1,408 | 0.3 mi |
| 253-275 Delancey | 295 | 0.4 mi |
| Art Deco Ironbound | 207 | 0.5 mi |
Why This Matters for Tenants at Iron 65
Zero Acquisition Cost
135 residents live upstairs. Murphy Varnish Lofts is on the same street. Thousands more are within a 5-minute walk. No marketing spend needed.
High Disposable Income
Luxury renters paying $2,100–$2,990/month have the spending power for artisan coffee, boutique fashion, and premium wellness services.
Iberia Changes Everything
The approved 1,408-unit Iberia development at 450 Market Street — just 0.3 miles away — will nearly double the local luxury resident population when completed.
Ownership is willing to work with the right tenant to make sure this project is successful.
LEASE LENGTH
Term is flexible
Ownership is open to structuring the lease term around the tenant's growth plan.
BUILD-OUT
Allowance available
Ownership is willing to contribute toward the fit-out to get the space ready.
DEPOSITS
Up-front is negotiable
Deposit and security structures can be discussed to fit the tenant's needs during the transition.
DEAL STRUCTURE
Open to creative terms
Ownership is flexible and open to creative deal structures for the right tenant.
NYC Access via PATH
22 Minutes from Manhattan
Iron 65 sits just a 7-minute walk from Newark Penn Station — giving L'RYU direct access to high-paying NYC clients via the PATH train.
7 min walk
Newark Penn Station (PATH)
Direct service to Manhattan
22 min total
World Trade Center
PATH direct from Newark Penn
18 min total
Hoboken Terminal
PATH direct from Newark Penn
30 min total
33rd Street / Herald Square
PATH direct from Newark Penn
Manhattan Professionals
Wall Street executives, tech professionals, and creatives seeking premium wellness outside the city at better value.
Price Advantage
NYC spa services cost 40–60% more. L'RYU offers luxury treatments at competitive pricing — a powerful draw for commuters.
After-Work Wellness
PATH riders pass through Newark Penn daily. A flagship spa steps from the station captures the after-work self-care market.
Weekend Destination
Position as a wellness escape from Manhattan — a 22-minute ride to a full spa experience without NYC crowds or prices.
Daily PATH Ridership
300,000+
riders daily across the PATH system — a massive pool of potential high-income clients
Why Iron 65
The Right Building. The Right Concept.
Absolute Privacy & Discretion
A discreet exterior with no signage in a residential building — the perfect cover for a private club serving high-profile clientele.
Captive Resident Base
Iron 65's 135 luxury units sit directly above. Built-in membership pipeline for both the club and spa from day one.
21-Foot Double-Height Ceilings
Rare architectural feature that allows a full mezzanine build-out — doubling usable space for a recording studio or VIP lounge.
Newark Penn & PATH Access
Minutes from Newark Penn Station — NJ Transit, Amtrak, and PATH to Manhattan. Draws VIP clientele from NYC and the tri-state area.
No Competition in Category
The Ironbound has no private members clubs or luxury recording studios. First-mover advantage in a rapidly developing luxury market.
Brand-New Class A Building
Completed in 2024 — modern infrastructure, clean build-out canvas, and the prestige of being in a luxury residential property.
The Vision
A Private Destination in the Ironbound
Iron 65's commercial space isn't retail — it's an exclusive private destination. Two businesses working in synergy to create a luxury lifestyle experience. Private events in the evening, wellness treatments by day. All behind closed doors.
Absolute Privacy
A discreet exterior with no signage — only members know what's inside. Celebrities, politicians, and VIPs enter without public attention.
Built-In Clientele
135 luxury residents living directly above. Priority membership access creates a captive, high-value customer base from day one.
21-Foot Ceilings
Double-height architecture creates dramatic scale rarely found in commercial spaces. The mezzanine adds a second level within the same footprint.
Recording Studio
A glass-enclosed professional studio on the mezzanine — artists record with a view of the club below. Music, nightlife, and exclusivity converge.
Underground Sanctuary
L'RYŪ's wellness spa in the basement offers a hidden retreat — the perfect complement to the energy of the club above.
Regional Destination
A private club and elite spa that draws VIP clientele from Newark, NYC, and the tri-state area — accessible via PATH, NJ Transit, and major highways.
Next Steps
Let's Make It Happen
Interested in one of the three spaces? Let's start the conversation.
01
Discuss build-out needs
02
Review lease preferences
03
Finalize deal terms
04
Begin build-out