Hudson News kingpin James Cohen and his wife, Lisa Cohen, are selling a big stake in their 1-year-old interior design magazine, Galerie, to Sandow Media.

“We’re profitable, absolutely,” said CEO Adam Sandow of the overall company, although he acknowledged that Galerie, a quarterly, is still in “investment stage.”

He declined to disclose terms of the deal — being made via the Sandow Capital arm — but said the acquisition makes him an “equal partner” with the Cohens.

Sandow said he is buying Galerie to complement his other shelter and design titles, including 85-year-old Interior Design, Interior Design Homes and Luxe.

Sandow has been renting space in Rockefeller Center’s old Time & Life Building as a subtenant to Time Inc. — which vacated for downtown Manhattan two years ago.

But now that old Time lease is ending, and Sandow left the building last month and moved its HQ a few blocks south to a new 45,000-square-foot space at 101 Park Ave.

Unlike most publishers who are shedding space, Sandow said he has an additional 7,000 square feet.