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
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
$5,000,000.00
$416,666.67/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
Map
Zoning
C5-3 CommercialCore CommercialRestricted Central Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 265 uses
View all 265 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
