Broadway | Manhattan, NY 10013
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Broadway
Manhattan, NY 10013
Manhattan Downtown Hotel NNN Lease for Sale · Hospitality Property For Sale · 70 Rooms
Investment Highlights
- Heavy Foot Traffic
- Corner and Great Light Exposure
- High Ceiling
Executive Summary
Hotel Income $1,200,000 / year
Retail Income $500,000 / year
Buy entire building fee simple asking $50 millions
Please contact exclusive listing broker below for further information:
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
or
85 years Triple NNN lease entire building lease for Sale
Asking: $18 MILLIONS
TRIPLE NET LEASE (For 85 YEARS)
85 YEARS TRIPLE NET LEASE
Please contact listing broker:
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
Retail Income $500,000 / year
Buy entire building fee simple asking $50 millions
Please contact exclusive listing broker below for further information:
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
or
85 years Triple NNN lease entire building lease for Sale
Asking: $18 MILLIONS
TRIPLE NET LEASE (For 85 YEARS)
85 YEARS TRIPLE NET LEASE
Please contact listing broker:
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
PROPERTY FACTS
| Price Per Room | $285,714 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 35,496 SF |
| Cap Rate | 9% | No. Rooms | 70 |
| Property Type | Hospitality | No. Stories | 9 |
| Property Subtype | Hotel | Year Built/Renovated | 1915/2022 |
| Building Class | C | Corridor | Interior |
| Price Per Room | $285,714 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 35,496 SF |
| No. Rooms | 70 |
| No. Stories | 9 |
| Year Built/Renovated | 1915/2022 |
| Corridor | Interior |
Amenities
- Restaurant
- Room Service
- On-Site Retail
- High Speed Internet Access
- Boutique/Lifestyle Hotel
About Broadway , Manhattan, NY 10013
BOUTIQUE HOTEL: THIS IS A LOFT HOTEL - HIGH CEILING plus 3 RETAIL STORES THIS IS A LANDMARK BUILDING 70 ROOMS plus 3 RETAIL STORES AT DOWNTOWN MANHATTAN PRIME PRIME CORNER LOCATION, NEAR SUBWAY Please contact exclusive listing broker below for further information: 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
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $525.00 | - |
| Guest Room | 68 | $321.00 | - |
PROPERTY TAXES
| Parcel Number | 0196-0009 | Improvements Assessment | $3,441,600 |
| Land Assessment | $396,450 | Total Assessment | $3,838,050 |
PROPERTY TAXES
Parcel Number
0196-0009
Land Assessment
$396,450
Improvements Assessment
$3,441,600
Total Assessment
$3,838,050
zoning
| Zoning Code | M1-5 (Light industrial with offices, hotels, and most retail uses permitted) |
| M1-5 (Light industrial with offices, hotels, and most retail uses permitted) |
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