$68,880,000

18131 Horace Harding Exp , Fresh Meadows, NY 11365

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:42,186 sqft
Lot:Unknown
Year Built:--
Listing Status:Active

Listing Agent

Zhao Li
https://royaluxrealty.com
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Loan Amount:
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Monthly Principal + Interest:$
Monthly tax: $
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Description

This premium hotel portfolio, located in the Fresh Meadows Auburndale community of New York, comprises two modern buildings (183-15 and 183-31 Horace Harding Expy) with an annual revenue of $13 million and a sustained growth trend, showcasing significant development potential. Both six-story buildings were constructed in 2018, A Franchised Marriott Hotel, with a total lot area of 44,919 sq ft (~4,173 sq m) and a combined gross floor area of nearly 100,000 sq ft (~9,235 sq m). The property offers 217 boutique guest rooms (124 at Courtyard and 93 at Fairfield), featuring a variety of room types including King beds, Queen beds, Double beds, and luxury suites. Situated in the high-quality District 26, the property holds an H3-class limited-service hotel ownership (affiliated with an international chain brand) and is zoned as R3-1/C1-2, supported by a well-established management system. - The 183-15 property includes a 2,578 sq m lot and a 5,315 sq m building. - The 183-31 property includes a 1,595 sq m lot and a 3,919 sq m building. With combined annual property taxes of approximately $950,000, this hotel asset boasts an excellent location, stable revenue performance, and professional brand operation, making it a highly attractive investment opportunity.

Detailed Items

Other Information

18131 Horace Harding Exp, Fresh Meadows, NY, 11365 is a commercial sale listing of 42,186 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property18131 Horace Harding Exp, Fresh Meadows, NY
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