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Queens, NY Hotels for Sale

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Luxury Marriott Hotel Near JFK
$28,000,000
28,000 SF

Luxury Marriott Hotel Near JFK

0 Utopia Pkwy, Queens, NY undefined

95-key Marriott, prime Queens location.

  • 95‑room non‑unionized Marriott hotel near JFK Airport in Queens, NY.
  • Offered at $28,000,000.
  • Buyer must provide a down payment of 50% or more.
  • Serious inquiries only.
  • Property features approximately 28,000‑32,000 square feet, a 7.14% cap rate (8.93% pro‑forma), and an 80% occupancy rate (projected 100% by 10/1/2024).
Last Update: Dec 11, 2024
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Luxury Queens Hotel Near JFK
$25,000,000
28,000 SF

Luxury Queens Hotel Near JFK

0 Lakewood Ave, Queens, NY 11435

86-key Marriott, high NOI, strong ROI.

  • 86‑key Marriott hotel near JFK Airport in Queens, NY.
  • Newly built and renovated in 2024, nine‑story building with approximately 28,000‑32,000 square feet on a 7,500 square foot lot, C4‑5X zoning.
  • Currently boasts 80% occupancy, projecting $1.8M current NOI and $2M pro‑forma NOI.
  • Asking price: $25,000,000, representing a current cap rate of 7.20% and a pro‑forma cap rate of 8.00%.
  • Price per key: $290,697.67; land value: $600-$800 per square foot; 10 parking spaces.
Last Update: Dec 11, 2024
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Queens, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Fresh Meadows Hotel Portfolio Opportunity
Contact for pricing
42,186 SF

Fresh Meadows Hotel Portfolio Opportunity

Two modern hotel buildings in Fresh Meadows with significant potential.
18331 &18315 Horace Harding Expy, Fresh Meadows, NY 11365
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Fresh Meadows Hotel Portfolio
$29,880,000
42,186 SF

Fresh Meadows Hotel Portfolio

Two modern hotel buildings in Fresh Meadows, New York.
18331 Horace Harding Expy, Fresh Meadows, NY 11365
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Lombardy Hotel Residence
$499,000

Lombardy Hotel Residence

Bright, spacious south-facing apartment in the Lombardy Hotel.
111 E 56Th St, New York, NY 10022
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Midtown Manhattan 5-Star Hotel
Contact for pricing
225,000 SF

Midtown Manhattan 5-Star Hotel

Luxury Unionized Hotel, 250 Keys, High NOI
0 5Th Ave, New York, NY 10022
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Explore Off-Market Properties in Queens, NY

Consider similar Off-Market properties in Queens, 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.

Utopia Pkwy

Utopia Pkwy

Hotels • 28,000 SF
Value Estimation by Request
0 Utopia Pkwy, Queens, NY undefined
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Roosevelt Ave

Roosevelt Ave

Restaurants • 75,000 SF
Value Estimation by Request
0 Roosevelt Ave, Queens, NY 11368
View details
1021 21St St

1021 21St St

Hotels • 53,868 SF
Value Estimation by Request
1021 21St St, Queens, NY 11691
View details
Lakewood Ave

Lakewood Ave

Hotels • 28,000 SF
Value Estimation by Request
0 Lakewood Ave, Queens, NY 11435
View details

Queens, NY Hotels Investment Opportunities Market Analysis

Explore 6 hotels for sale in Queens, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $53,000,000.

Prices for resorts in Queens, NY start at $0.00, averaging $8,833,333, and reaching up to $28,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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