Mayfair Inn and Suites Long Island City
Hospitality | 50 Keys
Marketing description
JLL's Hotels & Hospitality Group, as exclusive agent for the owner, is offering for sale the fee simple interest in the 50 -room Mayfair Inn & Suites, a nine-story, steel-and-concrete micro -hotel built in April 2018 and strategically located on 12th Street in Long Island City, Queens, New York. While currently leased to a local hotel operator under a short-term triple-net lease—and previously leased to a not-for-profit charitable association contracted by DHS—the Property will be delivered unencumbered at closing, affording full investor flexibility. With many rooms offering sweeping views of the Manhattan skyline and East River, this represents a rare acquisition opportunity in one of New York City's highest barrier-to-entry and fastest-growing markets.
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