Manhattan Downtown Peck Slip Ny Ny 10038 New York, NY 10038
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 0 Manhattan Downtown Peck Slip Ny Ny 10038
- Year built
- 2020
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- Saratoga
- State
- New York
- Longitude
- -74.0018
- Latitude
- 40.7082
