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215-34 Northern Blvd, Queens, NY 11361

SC
10301203280
Midtown Commercial Real Estate
Listed by Midtown Commercial Real Estate
$24,950,000
1482 days on market
Updated 48 days ago

BEST VALUE-ADD INVESTMENT & DEVELOPMENT ! REDUCED PRICE!

Details
Property Type Hospitality
Sub Type Hotel, Value add (+1)
Square Footage 27,860
Keys 66
Price per SqFt $896
Year Built 1965
Stories 2
Investment Type Value Add

Hospitality | 66 Keys

Marketing description

GREAT OPPORTUNITY- BAYSIDE HOTEL FOR SALE !

NORTHERN BOULEVARD LOCATION
20 MINUTES TO NYC

VALUE- ADD INVESTMENT & DEVELOPMENT POTENTIAL

CAN BE DELIVERED VACANT !

High Volume, Well Established, Heavy Populated

Currently 27,860 sf Size , Buyer can add 11,940 sf floor

40 parking space

PRICE

$24,950,000 REDUCED FOR QUICK SALE FROM $27,000,000

FINANCIALS
Upon Request of NDA

New Owner can increase ROI by adding a 11,940 sf extension to third floor of Hotel.

Zoning: R6B Commercial overlay: C2-2
Lot Frontage: 199’ Lot Depth: 100’

Transient Accommodation (use group: 5A, Occ. Group R1)
Please do not talk to the staff, they do not know building for sale !

For More Information: Call Exclusive Broker: Sung G. Cho

Cell: 917 204-0263 Email: nycrebkr@gmail.com
MIDTOWN COMMERCIAL REAL ESTATE

Listing Contacts

SC
10301203280
Midtown Commercial Real Estate
Listed by Midtown Commercial Real Estate

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