0 Manhattan Downtown Peck Slip Ny Ny 10038, New York, NY 10038
This exceptional 39-story, 330-key Marriott hotel presents a unique investment opportunity in the heart of downtown Manhattan. Built in 2020 and renovated in 2021, this single-building property boasts a prime location at Peck Slip, NY, NY 10038, within the C5-5 permitted zoning district. The hotel offers unparalleled luxury accommodations, commanding a price per key of $63,636.64. The asking price for this prestigious asset is $530,000,000. This represents a significant opportunity for investors seeking a high-return hospitality investment in a thriving New York City market. The property's modern design and prime location ensure strong occupancy rates and consistent revenue generation. The sale is structured to accommodate a 1031 exchange, providing further tax advantages for qualified buyers. Detailed financial information and operational data are available upon request. This is a rare chance to acquire a branded, high-performing hotel in one of the world's most dynamic and sought-after urban centers. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.