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Reference: 2740582

ID: MV0061

Distressed Hotel Property In Staten Island

United States

An opportunity to acquire a hotel property in a prime New York location.

Reference: 2740582

ID: MV0061

Register Interest

Business Description

This 0.8 Acre, 26,000 Sq. Ft, and 4 story tall property has 80 Rooms in total (75 percent finished).

The owners have put 10 million into the project and are looking to move forward. 

Could be boutique or flag

15 Year tax abatement

Financial Summary

Projected ADR $149

Projected Income: $3,000,000

Projected NOI: $1,000,000

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.

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