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Manhattan Prime Location Trophy Hotel
For Sale
Contact for pricing

5th Ave, New York, NY 10022

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

Property SizeContact for details
Days on Market1835

Property Features for 5th Ave

General Information

Standard status Active
Property subtype Hospitality
Zoning C6-4A
Occupancy 80%
Investment Type Owner/User
Net Operating Income $20,000,000

Building Details

Year Built 2010
Year Renovated 2017
Buildings 1
Stories 25
Listing Agency: Simon Lou / Hotel Real Estate Group
Listed By: Simon Lou · License #NY10311206078
Source: Crexi
Added: Aug 30, 2021 Changed: Aug 23 Last Checked: Sep 7 at 4:43AM

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

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

Current Use

Hotels

Location Intelligence

Trade Area within ½ mile

35,604
Businesses Nearby

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
Rey
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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
More about this property
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