Hotel for Sale Jamaica,New York153-95 Rockaway Boul...

22,193 SQ FT Jamaica,New York $13,500,000 8% cap rate 2018 For sale

Property Features

Property TypeFor sale Year Built2000
SQFT22,193 SQ FT Tenancysingle
Building ClassA ZoningR3-1 C2-2

Details

  • Proparty Statusoff_market
  • Proparty Sub CategorieHotels
  • Building Size22,193 SQ FT
  • Tenancysingle
  • Floors2
  • Buildable Area22170
  • Contruction StatusBuilt 2000
  • Cap Rate8% cap rate 2018
  • Ceiling Height9ft
  • Freight Elevator1
  • Gross Leaseable area22,193
  • HVACyes
  • Managementnon branded
  • NOI$1,487,017
  • Number of Elevators2
  • Parking Spots25
  • Roof27 ft
  • Units72
  • Year Built2000
  • Year Last Renovated2015
  • ZoningR3-1 C2-2

Description

Prime location for hotel minutes from JFK airport comes with cafeteria, outdoor lounge ,72 rooms amazing potential for the right hotel managment team . Nonbranded hotel newly renovated in 2015 - $3million in renovations. Turnkey operation, minor  repairs with correct marketing strategy. 

Highlights

  • $180,555 per Key
  • Shuttle Service
  • Near JFK Airport
  • 10 min from La Guardia Airport
  • Turn Key Operation

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Reviews

Commercial Broker/ Founder

Alexander Dimopoulos

Imagination is everything. It is the preview of life’s coming attractions

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