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Lic, NY Commercial Real Estate for Sale

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Luxury Marriott Hotel, LIC, NY
$45,000,000
125,000 SF

Luxury Marriott Hotel, LIC, NY

0 29 St, LIC, NY 11101

150-key Marriott Hotel; Value-Add Opportunity

  • $45,000,000 asking price for a 150‑key Marriott Hotel in Long Island City, Queens.
  • 125,000 square feet, 13 stories, built in 2009.
  • $360 per square foot; $300,000 per key.
  • 11.11% cap rate, with an 80% occupancy rate as of December 31, 2021, and a $5,000,000 NOI.
  • Non‑unionized hotel in an M1‑3 zoned area with 20 parking spaces.
Updated: Dec 11, 2024
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lic, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Astoria Multifamily Investment Opportunity
$2,600,000
13,100 SF

Astoria Multifamily Investment Opportunity

Sixteen-unit Astoria property, high ROI potential.

3616 30Th St, Astoria, NY 11106
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Astoria Duplex Near Manhattan
Pending
$1,189,000

Astoria Duplex Near Manhattan

Two-family house in prime Astoria location, delivered vacant.

36-44 32Nd St, Astoria, NY 11106
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Long Island City Multi-Family
$1,400,000
0.04 Acres

Long Island City Multi-Family

Multi-family property in Long Island City, Queens.

36-11 31St St, Long Island City, NY 11106
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Long Island City Multifamily Property
$1,400,000
0.04 Acres

Long Island City Multifamily Property

Multifamily property for sale in Long Island City, NY.

36-09 31St St, Long Island City, NY 11106
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Explore Off-Market Properties in Lic, NY

Consider similar Off-Market properties in Lic, 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.

29 St

29 St

Hotels • 125,000 SF
Value Estimation by Request
0 29 St, LIC, NY 11101
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Lic, NY Commercial Real Estate Investment Opportunities Market Analysis

Explore 2 commercial real estate investment opportunities in Lic, NY on our commercial real estate marketplace. The current inventory includes 0 square feet of properties with an estimated value of $45,000,000.

Estimated prices for commercial real estate in Lic, NY begin at $0.00, with an average of $22,500,000 and extend to $45,000,000.

In Lic, NY, current investment values show:

  • Hospitality properties positioned at $22,500,000
  • Hotels measuring $22,500,000
  • Commercial real estate assessed at $45,000,000
  • Other hospitality properties calculated at $0.00
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