19 W 31st St, New York, NY 10001

The Luxe Life Hotel New York located at 19 West 31st Street represents the opportunity to acquire the fee simple interest in a lifestyle hotel that was just gut-renovated and re-opened in May 2018.

The hotel will be unencumbered by franchise or management agreement; the new owner will have the opportunity to rebrand the property and quickly improve the operations. There are no SRO tenants.

The historic LIFE Magazine headquarters is ideally positioned to capitalize on both business travel and tourism. The neighboring flatiron neighborhood has become the epicenter of New

York’s budding technology, advertising, media, and information industry, fostering a reliable demand for upscale business travel accommodations.

Financial performance lagged in 2019 due to a confluence of events and the lack of a Food and Beverage experience. A new lease was executed in December 2019 by The Marilyn, an incredibly modern New American restaurant and event space featuring an open kitchen, with bread and pastries emerging from the brick oven alongside house-made pasta and market-driven, seasonal plates accompanied by carefully curated selections of cocktails and wines.

This is a once in a lifetime opportunity to have the flexibility to quickly implement a business plan and seize the opportunity and benefit from a recovering, and less competitive hospitality market.