APP Real Estate
For sale

📍 18331 Horace Harding EXPY, Nova Iorque, NY, EUA

Hotel for Sale in Fresh Meadows – NY

$29,880,000

Overview
  • Bedrooms: 217
  • Bathrooms: 217
  • Size: 44.919 m²
  • Price: $29,880,000
Description

This premium hotel portfolio, located in the Fresh Meadows Auburndale community in New York, comprises two modern buildings (183-15 and 183-31 Horace Harding Expy) with an annual revenue of $13 million and a sustained growth trend, demonstrating significant development potential. Both six-story buildings were constructed in 2018, a Marriott Franchised Hotel, with a total land area of 44,919 sq ft (~4,173 m²) and a combined gross area of nearly 100,000 sq ft. The property offers 217 boutique rooms (124 in Courtyard and 93 in Fairfield), featuring a variety of room types including King beds, Queen beds, double beds, and luxury suites. Situated in the high-quality District 26, the property boasts an H3 class limited-service hotel property (affiliated with an international chain brand) and is zoned R3-1/C1-2, supported by a well-established management system. The 183-15 property includes a 27,755 sq ft lot and a 54,944 sq ft building. The 183-31 property includes a 17,164 sq ft lot and a 42,186 sq ft building. With combined annual property taxes of approximately $950,000, this hotel asset boasts an excellent location, stable revenue performance, and professional brand operation, making

View full property →