5th Ave, New York, NY 10022

Building Details

Year Built 2010 More

Year Renovated 2017 More

Buildings 1 More

Stories 25 More

Listing Agency: Simon Lou / Hotel Real Estate Group

Listed By: Simon Lou · License NY #10311206078

Source: Crexi

Added: Aug 30, 2021 Changed: Nov 11 Last Checked: Nov 12 at 7:40AM

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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 Simon Lou / Hotel Real Estate Group

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Investment Insights

Based on property information with market context.

This is a 250-key, 5-star trophy hotel located in a prime Manhattan location. The hotel is unionized. The seller is open to leasing back the hotel property from the buyer after the purchase to ensure a 6% return on the purchase price.

Key Highlights

• Prime Manhattan Location
• 250 Keys / 5‑Star Trophy Hotel
• Potential for 6% Return via Seller Leaseback

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hotels

Location Intelligence

Trade Area within ½ mile

35,604

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - 250-key, 5-star hotel in prime Manhattan location.

Where is this hotel located?

The property is located at 5th Ave New York, NY.

What are key features of this property?

This property features: Prime Manhattan Location; 250 Keys / **5‑Star Trophy Hotel**; Potential for 6% Return via Seller Leaseback