Long Island City Hotel
For Sale
Contact for pricing
38-58 12th St, Long Island City, NY 11101
50-room hotel in Long Island City, delivered unencumbered.
Property SizeContact for details
Days on Market154
Property Features for 38-58 12th St
General Information
Standard status
Active
Property subtype
Hospitality
Building Details
Year Built
2017
Listing Agency:
JLL - Washington, D.C.
(202) 719-5000
Listed By:
Ketan Patel · License #VA 0225105721
Source:
Crexi
Added: Mar 20
Changed: Aug 13
Last Checked: Aug 19 at 1:46AM
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 JLL - Washington, D.C.
Investment Insights
Based on property information with market context.
The Mayfair Inn & Suites is a nine-story, steel-and-concrete micro-hotel featuring 50 rooms. Constructed in April 2018, the property is strategically located on 12th Street in Long Island City, Queens, New York. The property is currently leased to a local hotel operator under a short-term triple-net lease and was previously leased to a not-for-profit charitable association contracted by DHS. The property will be delivered unencumbered at closing, affording investor flexibility. Many rooms offer views of the Manhattan skyline and East River. This presents an acquisition opportunity in a high barrier-to-entry and fast-growing market.
Key Highlights
- Delivered unencumbered at closing, affording full investor flexibility.
- 50‑room micro‑hotel strategically located on 12th Street in Long Island City, Queens, New York.
- Built in April 2018 (Year Built: 2017), a relatively new construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 50-room hotel in Long Island City, delivered unencumbered.
Where is this hotel located?
The property is located at 38-58 12th St Long Island City, NY.
What are key features of this property?
This property features: Delivered unencumbered at closing, affording full investor flexibility.; 50‑room micro‑hotel strategically located on 12th Street in Long Island City, Queens, New York.; Built in April 2018 (Year Built: 2017), a relatively new construction.
