Times Square Area Hotel
For Sale
Contact for pricing
W 44th St, New York, NY 10019
Hotel property near Times Square available for sale or rent.
Property Size75,000 SF
Price / SF$1,466
Days on Market1994
Property Features for W 44th St
General Information
Standard status
Active
Size
75,000 SF
Property subtype
Hospitality
Zoning
C6-4.5, C6-6, MID i
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$7,000,000
Building Details
Year Built
2008
Year Renovated
2018
Buildings
1
Stories
20
Listing Agency:
Simon Lou / Hotel Real Estate Group
Listed By:
Simon Lou · License #NY10311206078
Source:
Crexi
Added: Mar 23, 2021
Changed: Aug 21
Last Checked: Sep 4 at 2:31PM
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 commercial real estate property, suitable for hotels and hospitality purposes, is located near Times Square. The property is available for sale at an asking price of $75,000,000. Alternatively, it can be rented for $5,000,000 NNN per year, with a security deposit of $5,000,000. The key money is to be discussed. Lease terms range from 10 to 99 years. The property has a size of 75,000 square feet.
Key Highlights
- Prime location near Times Square
- Available for both sale ($80 million) and rent ($5 million NNN per year)
- Flexible lease terms available (10 to 99 years)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Hotel property near Times Square available for sale or rent.
Where is this hotel located?
The property is located at W 44th St New York, NY.
What is the asking price?
The asking price for this property is $110,000,000.
What are key features of this property?
This property features: Prime location near Times Square; Available for both sale ($80 million) and rent ($5 million NNN per year); Flexible lease terms available (10 to 99 years)
