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Lic, NY Commercial Real Estate for Sale

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Luxury Marriott Hotel, LIC, NY
$45,000,000
125,000 SF

Luxury Marriott Hotel, LIC, NY

0 29 St, LIC, NY 11101

150-key Marriott Hotel; Value-Add Opportunity

  • $45,000,000 asking price for a 150‑key Marriott Hotel in Long Island City, Queens.
  • 125,000 square feet, 13 stories, built in 2009.
  • $360 per square foot; $300,000 per key.
  • 11.11% cap rate, with an 80% occupancy rate as of December 31, 2021, and a $5,000,000 NOI.
  • Non‑unionized hotel in an M1‑3 zoned area with 20 parking spaces.
Updated: Dec 11, 2024
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lic, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Long Island City Vacant Land
Contact for pricing

Long Island City Vacant Land

4,680 SF plot in Long Island City.

3721 29Th St, Long Island City, NY 11101
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Astoria Multifamily Investment Opportunity
$2,600,000
13,100 SF

Astoria Multifamily Investment Opportunity

Sixteen-unit Astoria property, high ROI potential.

3616 30Th St, Astoria, NY 11106
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Astoria Duplex Near Manhattan
Pending
$1,189,000

Astoria Duplex Near Manhattan

Two-family house in prime Astoria location, delivered vacant.

36-44 32Nd St, Astoria, NY 11106
View details
Long Island City Multi-Family
$1,400,000
0.04 Acres

Long Island City Multi-Family

Multi-family property in Long Island City, Queens.

36-11 31St St, Long Island City, NY 11106
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Explore Off-Market Properties in Lic, NY

Consider similar Off-Market properties in Lic, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

29 St

29 St

Hotels • 125,000 SF
Value Estimation by Request
0 29 St, LIC, NY 11101
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Lic, NY Commercial Real Estate Investment Opportunities Market Analysis

Explore 2 commercial real estate investment opportunities in Lic, NY on our commercial real estate marketplace. The current inventory includes 0 square feet of properties with an estimated value of $45,000,000.

Estimated prices for commercial real estate in Lic, NY begin at $0.00, with an average of $22,500,000 and extend to $45,000,000.

In Lic, NY, current investment values show:

  • Hospitality properties positioned at $22,500,000
  • Hotels measuring $22,500,000
  • Other hospitality properties assessed at $22,500,000
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