Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:$80,000,000
505 Park Ave, New York, NY 10022
Listing Courtesy of United Realty Group Inc.

Description

New 6-story hotel with 220 modern rooms, 600 beds, in a touristic hub. Fully operational, brand-new. Features: Chic restaurant, pro reception, 10 leasable shops for rental income, luxe Turkish bath, sauna, gym, meeting rooms, 20-car parking, dry cleaning, storage. 3 guest elevators, 1 service elevator, 2 fire escapes. Newly renovated. Investment Perks: High occupancy from prime location. Diverse income from rooms, shops, spa, events. Turnkey, modern infrastructure ensures instant revenue. Luxury amenities drive guest satisfaction. Why Invest? Stable, profitable asset with 10 shops for extra income. Act now to own a high-yield hotel in a thriving market!

New 6 story hotel with 220 modern rooms, 600 beds, in a touristic hub.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.