Garment District Hotel for Sale

10,550 Sqft - West 38th Street, Manhattan, Garment District, New York, United States 10018

QR Code
Basic Details
Property Details :

W38thThere are 197 rooms, custom furnished, raw and luxurious all at once building upon its industrial past. All rooms come equipped with WiFi, i-Home docking stations, LCD HD TVs and full cable.

W38th.jpg2Communal areas are opulent and varied. The hotel houses its own gastronomic micro world: a prohibition style “tea” lounge, a world class silver coffee trailer, a signature restaurant, and a rooftop bar divided into three distinct sections, with unparalleled views of The Empire State Building among all NYC hotels.

Listing ID : 1462
Property Type : Hotel/Motel
Listing Type : For Investment
Price : $250,000,000
Residential Units : 197
Commercial Units : 1
Floor Area Ratio (FAR) : 15
Property Vacant? : No
Cap Rate : 4.5%
Building Class/Zoning : C5-3/MID
Year Built : 1930
Stories : 13
Lot Sq Ft : 10,550 Sqft
Features
Heating System
Cooling System
Elevator
Roof Deck
High Ceiling
Parking
Appliances
TV
Iron
Internet
Address Map
Country : United States
State : New York
County : Garment District
City : Manhattan
Zipcode : 10018
Street : West 38th Street
Postal Code : 10018
Floor Number : 0
Longitude : W74° 0' 35.4''
Latitude : N40° 45' 14.7''
Neighborhood
Shopping Center 10 Minutes
Hotel/Motel For Investment
  • Listing ID : 1462
  • Lot Sq Ft : 10,550 Sqft
$250,000,000
Agent info
Christopher Lim
Gotham RE Group LLC
1412 Broadway
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern