Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
$60,000,000
Manhattan Off Market Unionized Hotel for Sale
Details
Property Type Hospitality
Sub Type Hotel
Keys 120
Beds 120
Cap Rate 8.33%
NOI $5,000,000
Occupancy 100%
Pro-Forma Cap Rate 11.67%
Pro-Forma NOI $7,000,000
Year Built 2016
Year Renovated 2016
Buildings 1
Stories 20
Lot Size (SqFt) 7,500 - 8,500
Zoning C6-4A
Investment Type Owner/User
Occupancy Date 01/01/2021
Ownership N/A
Hospitality | 120 Keys | $500,000/key
Marketing description
Manhattan Prime Prime Midtown East Location
4 Star - 5 Star / Unionized Hotel for Sale
For Serious and Qualified buyer 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
Manhattan Prime Prime Midtown East Location
4 Star - 5 Star / Unionized Hotel for Sale
For Serious and Qualified buyer 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
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$5,000,000.00
$416,666.67/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
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