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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
5236745

5th Ave, New York, NY 10022

SL
NY10311206078
Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
$350,000,000
1746 days on market
Updated 33 days ago

Manhattan Off Market Unionized Hotel in Midtown for Sale

Details
APN 0
Property Type Hospitality
Sub Type Hotel, 5 Star Hotels (+1)
Keys 250
Beds 250
Cap Rate 5.71%
NOI $20,000,000
Occupancy 80%
Pro-Forma Cap Rate 5.71%
Pro-Forma NOI $20,000,000
Year Built 2010
Year Renovated 2017
Buildings 1
Stories 25
Lot Size (SqFt) 14,000 - 15,000
Zoning C6-4A
Investment Type Owner/User
Occupancy Date 01/01/2025
Ownership Non Disclosed

Hospitality | 250 Keys | $1,400,000/key

Marketing description

Manhattan Prime Prime Location

250 keys

5 Star / Trophy Hotel / Unionized Hotel

Only for the Buyers who have Capital on hand for Quicker closing without further delay

Seller can lease back (if buyer wants) the hotel property from buyer (after purchase) … to insure a 6% return of purchase price.

Hotel Real Estate Group
Simon Lou
President / CEO
445 Park Av 9th Floor
New York NY 10022
M: +1 917 328 3611
E: [email protected]

Investment highlights

Manhattan Prime Prime Location

250 keys

5 Star / Trophy Hotel / Unionized Hotel

Only for the Buyers who have Capital on hand for Quicker closing without further delay

Seller can lease back (if buyer wants) the hotel property from buyer (after purchase) … to insure a 6% return of purchase price.

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

SL
NY10311206078
Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,000,000.00
$1,666,666.67/mo

Valuation Metrics

0
DSCR
5.71%
Cap Rate
5.71%
ROI

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