Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
$30,000,000
Near Flushing Branded Hotel NY Off Market
Details
APN 0
Property Type Hospitality
Sub Type Hotel
Keys 130
Beds 130
Cap Rate 6%
NOI $1,800,000
Occupancy 80%
Brand/Tenant Marriott Hotels
Pro-Forma Cap Rate 10%
Pro-Forma NOI $3,000,000
Broker Co-Op No
Year Built 2024
Year Renovated 2024
Buildings 1
Stories 9
Lot Size (SqFt) 7,500
Zoning C4-5X
Parking Spaces 10 spaces
Investment Type Owner/User
Occupancy Date 09/01/2024
Ground Lease No
Ownership N/A
Hospitality | 130 Keys | $230,769/key
Marketing description
Near Flushing Queens NY Location
A 130 rooms, Non Unionized, Brnaded Hotel
Asking $30 millions for Sale
We are looking for buyer who can pay 50% or more …
Serious buyer(s) only
Hotel Real Estate Group
Simon Lou
President / CEO
445 Park Av 9th Floor
New York NY 10022
M: +1 917 328 3611
E: hotel107@aol.com
Investment highlights
Near Flushing Queens NY Location
A 130 rooms, Non Unionized, Brnaded Hotel
Asking $30 millions for Sale
We are looking for buyer who can pay 50% or more …
Serious buyer(s) only
Hotel Real Estate Group
Simon Lou
President / CEO
445 Park Av 9th Floor
New York NY 10022
M: +1 917 328 3611
E: hotel107@aol.com
Listing Contacts
Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,800,000.00
$150,000.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
