Historic 69-Bed Hotel
For Sale
Contact for pricing
Pending
281 Lexington Ave, New York, NY 10016
Vacant Manhattan building retains grandfathered hotel use alongside residential zoning.
Property SizeContact for details
Days on Market144
Property Features for 281 Lexington Ave
General Information
Standard status
Pending
Property subtype
Hospitality, Mixed Use, Multifamily
Listing Agency:
KW New York City
Listed By:
Edan Sossen · License #10401342077
Source:
Crexi
Added: Apr 12
Changed: Sep 1
Last Checked: Sep 1 at 1:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW New York City
Investment Insights
Based on property information with market context.
Located at 281 Lexington Avenue in Manhattan’s Murray Hill area, this historic hospitality property offers five floors above grade plus a full basement. The 69-bed facility includes a library, multiple large event rooms, and a dining room, creating a configuration that extends beyond traditional guest accommodations.
The building will be delivered vacant, while its grandfathered hotel use and residential zoning provide a defined framework for evaluating future repositioning. The property has operated as the Soldiers', Sailors', Marines', Coast Guard & Airmens' Club since 1919, with a longstanding role providing overnight accommodations for U.S. servicemen and servicewomen.
The building will be delivered vacant, while its grandfathered hotel use and residential zoning provide a defined framework for evaluating future repositioning. The property has operated as the Soldiers', Sailors', Marines', Coast Guard & Airmens' Club since 1919, with a longstanding role providing overnight accommodations for U.S. servicemen and servicewomen.
Key Highlights
- 69‑bed hospitality facility
- Five floors above grade plus a full basement
- Library, large event rooms, and dining room
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,658
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Vacant Manhattan building retains grandfathered hotel use alongside residential zoning.
Where is this hotel located?
The property is located at 281 Lexington Ave New York, NY.
What are key features of this property?
This property features: 69‑bed hospitality facility; Five floors above grade plus a full basement; Library, large event rooms, and dining room
