100 Key Hotel in Queens (7% Cap) (Hunters Point) $32000000 32000ft2

100 Key Hotel in Queens (7% Cap)

Area: Hunters Point

Purchase Price: $32,000,000

Buyer Pays a Commission

Encumbered By Brand & Management: No

Keys: 100

Restaurants: 1

Building class: Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB) i
Building sqft: 31,520
Building dimensions: 164 ft x 84 ft
Roof height: 151 ft
Ground elevation: 14 ft
Year built: 2008
Stories: 11
Has extension: Yes
Year last altered: 2009 i
Commercial units: 1
Lot sqft: 16,000 i
Lot dimensions: 94.5 ft x 165.33 ft
Corner lot: NE
Zoning districts: M1-4 i
Commercial FAR: 2
Facility FAR: 6.5
FAR as built 1.97 i
Allowed usable floor area: 32,000
Usable floor area as built: 31,520

Occupancy: 78.26% (2016), 77.15% (2015)
Average Daily Rate: $152.48 (2016), $161.34 (2015)
EBIDTA:$2,810,066 (2016), $2,708,567
Net Operating Income: $2, show contact info
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Management Fee:
FF&E reserve:
RevPAR: $119.33 (2016), $125.44 (2015)
Cap Rate: 7.87% (2016), 7.48%

No Brokers Please!!!!!…..Principals Only!!!!

For more info, please call Darryl at: show contact info


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