38-61 12th Street, Queens, NY 11101

Building Details

Architectural style

Other

Listing agent Zahra Joudi Show Phone

Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY Show Phone

Listing date May 29, 2026

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MLS# 11797827 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This mid-rise hospitality and hotel building for sale is located at 38-61 12th Street in Queens, NY 11101, and includes 152 guest rooms. The offering is described as a fully operating hospitality asset with an existing operating structure designed for guest accommodations.

The property is presented as being positioned near major transportation options, including multiple subway lines, major highways, and access to LaGuardia Airport and JFK Airport. It is also described as located within the Long Island City waterfront district area.

For investors and hospitality operators, the key point is that the building is currently subject to a 3-year lease, which is intended to provide operational continuity. This makes the asset particularly relevant for parties looking to acquire a larger-scale hotel property with an established lodging inventory and a leasehold structure already in place. Prospective buyers should confirm all lease terms and operating details through the listing agent as part of their diligence.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Queens

County

Queens

State

New York

Longitude

-73.94203

Latitude

40.756533

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FAQs

What type of property is this?

Hotel - Mid-rise hotel with 152 guest rooms and an in-place 3-year lease in Queens' Long Island City.

Where is this hotel located?

The property is located at 38-61 12th Street Queens, NY.

What is the asking price?

The asking price for this property is $35,000,000.

What are key features of this property?

This property features: Commercial hospitality/hotel building for sale in Long Island City, Queens; 152 guest rooms; Located at 38‑59 to 38‑61 12th Street