SG 11610 New York New York Times Square Branded Hotel
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$220,000,000 for New York, New York Times Square Branded Hotel Business & Property.
THE HOTEL FEATURES WELL-APPOINTED, LUXURIOUS ROOMS. THIS HOTEL IS LOCATED MINUTES AWAY FROM TIMES SQUARE, PLACING THE GUEST STEPS AWAY FROM MADISON SQUARE GARDENS AND CENTRAL PARK. END BUYER'S ONLY. IF INTERESTED, PLEASE SUBMIT AN NDA, POF, AND AN LOI. NO EXCEPTIONS.
SUMMARY DETAILS
HOTEL CLASS: 4- STAR CLASS A
ROOMS/KEYS: 330
REVENUE: 26MM
NET OPERATING NOI: 14MM
PROJECT HIGHLIGHTS: 17MM BY 2026
PRICE PER KEY: 500k
OCCUPANCY 92-95 %
AVERAGE DAILY: 380.00
PRIME ROOM'S REVENUE: 700.00 + PER NIGHT
ANNUAL REVENUE PER ROOM 45K
UNION STATUS: (NON-UNION PROPERTY)
EVENTS SPACE AND GATHERING FACILITIES
CENTRALLY LOCATED NEAR RESTAURANTS, ENTERTAINMENT, SHOPPING, AND MAJOR INTERSECTIONS. The hotel property features all basic services for a Property of this type and offers amenities such as an indoor pool, whirlpool, fitness room, business center, and more. The rooms are located off the interior corridors. There are many local businesses and other demand generators in the area. The hotel's neighborhood primarily comprises a variety of commercial, retail, and leisure/entertainment uses. Please “do not disturb the employees” and call The Saleh Group for more information and showings, or visit us online.
THE HOTEL FEATURES WELL-APPOINTED, LUXURIOUS ROOMS. THIS HOTEL IS LOCATED MINUTES AWAY FROM TIMES SQUARE, PLACING THE GUEST STEPS AWAY FROM MADISON SQUARE GARDENS AND CENTRAL PARK. END BUYER'S ONLY. IF INTERESTED, PLEASE SUBMIT AN NDA, POF, AND AN LOI. NO EXCEPTIONS.
SUMMARY DETAILS
HOTEL CLASS: 4- STAR CLASS A
ROOMS/KEYS: 330
REVENUE: 26MM
NET OPERATING NOI: 14MM
PROJECT HIGHLIGHTS: 17MM BY 2026
PRICE PER KEY: 500k
OCCUPANCY 92-95 %
AVERAGE DAILY: 380.00
PRIME ROOM'S REVENUE: 700.00 + PER NIGHT
ANNUAL REVENUE PER ROOM 45K
UNION STATUS: (NON-UNION PROPERTY)
EVENTS SPACE AND GATHERING FACILITIES
CENTRALLY LOCATED NEAR RESTAURANTS, ENTERTAINMENT, SHOPPING, AND MAJOR INTERSECTIONS. The hotel property features all basic services for a Property of this type and offers amenities such as an indoor pool, whirlpool, fitness room, business center, and more. The rooms are located off the interior corridors. There are many local businesses and other demand generators in the area. The hotel's neighborhood primarily comprises a variety of commercial, retail, and leisure/entertainment uses. Please “do not disturb the employees” and call The Saleh Group for more information and showings, or visit us online.
About the Business
- Facilities & Assets
- HOTEL CLASS: 4- STAR CLASS A
ROOMS/KEYS: 330
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 131,921
About the Sale
- Seller Motivation
- Seller Family Issues
Listing Info
- ID
- 2507619
- Listing Views
Listing ID: 2507619 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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