Multiple Luxury NYC Off Market Hotels For Sale - Business for Sale
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Portfolio of Luxury and Branded Hotels in New York City
New York, NY, US
Added 7 years ago
Hotel Real Estate Sales
A portfolio of multiple off-market luxury and branded hotels located in New York City is offered for sale, including properties ranging from boutique hotels to large 5-star and 4-star hotels in central Manhattan locations.
Key Information
Asking
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Revenue
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Earnings
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Multiple
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Key Highlights
- Hotel sizes range from 48 keys to 628 keys, with several properties specifying per-key pricing (e.g., $600K, $768K, $898K, $550K, $484K per key).
- Cap rates for the properties vary, with examples including 6%, 4.72%, 4.8%, 1.5%, 5.7%, 5%, and 6.4%.
- Several hotels are described as non-union, while others specify union status for certain operations (e.g., union hotel with non-union restaurant).
- Some properties are described as new or recently built (e.g., 4 years old, brand new), and some specify occupancy rates (e.g., 97%, 93%).
- Some listings specify leasehold status or long-term lease (e.g., 90-year lease, leasehold only), and some require management contracts (e.g., 10-year contract requested).
Contact Info
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