The long-shuttered Metro Theater on the Upper West Side is getting a new lease on life after two decades.

The Upper West Side Cinema Center bought the historic movie theater at West 99th Street and Broadway for $6.9 million, the nonprofit said in a news release.

The theater, which first opened in 1933, has been closed since 2005.

The center was able to purchase the building with the help of two grants: a $3.5 million one from Gov. Kathy Hochul and a $500,000 one from the state Senate, the release said. It also secured contributions from private foundations and individual donors.

The group plans to turn the space into a “vibrant five-screen art house,” showcasing everything from classic and foreign films to documentaries.  

The revitalized theater will also house an education center and a street-facing café and lounge, according to the release.

“Creating spaces with diverse audiences can collectively experience narratives that challenge, inspire, and illuminate our shared humanity,” Ira Deutchman, the center’s president and co-founder, said at a news conference on Sunday.

“Our vision extends beyond film screenings to creating a cultural hub — where dialogue flourishes, education thrives, and community bonds strengthen,” he added.

Now that the center has purchased the space, it will start raising the funds needed to begin renovations and restore the building’s historic exterior.

The Art Deco theater’s facade was designated a New York City landmark in 1989.

“For far too long, the beloved Metro Theater has sat empty — waiting for leaders with the courage and conviction to bring it back to life,” Hochul said in a statement.

“The Upper West Side community deserves another world-class venue for cinema and art, and that’s why I was proud to step in and allocate $3.5 million to make the new Metro Theater a reality,” she added.

The center hasn’t yet provided a timeline for the theater’s reopening.