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8 Albany St
New York, NY 10006

$100,000,000 USD

Hotel For Sale  •  132,163 SF

Property Details

  • Property Type Hotel
  • Total Building Size 132,163 SF
  • Lot Size 0.36 AC
  • Building Class A
  • Year Built 2007
  • Zoning C6-9
100 Transit Score
100 Walk Score

Highlights

Transferrable $50M Liberty Bond Enhancement; a unique value proposition including assumable benefits of sub 3% Liberty Bonds maturing in Q4 2042.
One of the most premier upscale luxury hotel, residential, and retail markets, irreplaceable live/work/play at the crossroads of Lower and Midtown.
Opportunity to acquire a luxury hotel in the heart of the transformed Financial District, fully unencumbered by management and affiliation.
Enjoy a prominent Downtown location with magnificent, panoramic views, plus leased food and beverage operations.
Significant ROI opportunities with unparalleled optionality.

Property Flyers

Amenities

  • Business Center
  • Fitness Center
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Pavonia/Newport (Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 12 min - 4.4 mi
Exchange Place (Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 13 min - 4.8 mi
Transit/SubwayDriveWalkDistance
Rector Street (1 Line) (1 - New York MTA Subway (The Subway)) 0 min 2 min 0.1 mi
Rector Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 0 min 3 min 0.2 mi
Cortlandt Street (R Line) (1 - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Wall Street (4,5 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
World Trade Center (Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 2 min 4 min 0.2 mi
AirportDriveWalkDistance
Laguardia 24 min - 11.8 mi
Newark Liberty International 21 min - 13.0 mi
John F Kennedy International 33 min - 17.9 mi
Dan Shapiro 646-928-5434 Kassin Sabbagh Realty
Dan Shapiro 646-928-5434 Kassin Sabbagh Realty