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Broadway
Manhattan, NY 10013

$20,000,000 USD

Hotel For Sale  •  35,496 SF

Property Details

  • Property Type Hotel
  • Total Building Size 35,496 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 9.00 %
  • Zoning M1-5
100 Transit Score
99 Walk Score

Description 

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

Highlights

Heavy Foot Traffic
High Ceiling
Corner and Great Light Exposure

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $1,400,000 USD (2020)
Cap Rate: 9.00 %
Total Expenses: $600,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
Bike Pro
Hadisat Dan??manl?k
King Fook Realty
Mode Construction Corp
New Skyland Management Inc 3,000 SF
Soho Garden Hotel 500 SF

Amenities

  • Restaurant
  • Room Service
  • On-Site Retail
  • High Speed Internet Access
  • Boutique/Lifestyle Hotel

Public Transportation

Commuter RailDriveWalkDistance
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min - 1.1 mi
9 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min - 1.2 mi
Transit/SubwayDriveWalkDistance
Canal Street (N,Q,R Line) (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 0 min 0 min 0.0 mi
Canal Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 1 min 2 min 0.1 mi
Canal Street (J,M,Z Line) (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 0 min 2 min 0.1 mi
Canal Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Franklin Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
Laguardia 21 min - 9.9 mi
Newark Liberty International 18 min - 12.1 mi
John F Kennedy International 30 min - 18.1 mi
Simon Lou 917-328-3611 Hotel Real Estate Group
Simon Lou 917-328-3611 Hotel Real Estate Group