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Hotel Lower East Side

$23,000,000

Lower East Side, Manhattan

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Full Address

Purchase Credits

Building Dimensions
26.17 ft x 88.15 ft

Lot Size
26.17 ft x 88.42 ft

Square Footage
14,367

Units
N/A

Rent Roll
N/A

Vacancy
N/A

Price
$23,000,000

Notes
Lux hotel / short term rentals lower east side 12ksqFt with 2.5m in capex spent last 2 years. Full commercial kitchen bakery restaurant and bar 1.15m RR 150k expense. Projected at 1.5m RR in 3 years asking 23m negotiable. Full setup available for qualified buyer

Owner Information
Purchase Credits

Owners Number

WhatsApp Facebook Twitter Pinterest Linkedin Email

Lower East Side, Manhattan

Property Refund Request Property Removal Request Property Upload

$23,000,000

Overview

Full Address

Purchase Credits

Building Dimensions
26.17 ft x 88.15 ft

Lot Size
26.17 ft x 88.42 ft

Square Footage
14,367

Units
N/A

Rent Roll
N/A

Vacancy
N/A

Price
$23,000,000

Notes
Lux hotel / short term rentals lower east side 12ksqFt with 2.5m in capex spent last 2 years. Full commercial kitchen bakery restaurant and bar 1.15m RR 150k expense. Projected at 1.5m RR in 3 years asking 23m negotiable. Full setup available for qualified buyer

Owner Information
Purchase Credits

Property Refund Request Property Removal Request Property Upload

Address

City Manhattan
State/county New York
Area Lower East Side
Country United States

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Oahu Hawaii 50ksqFt lot Approved plans to build 8 new single family houses Demolition permit and Grading permit have been approved. 6 of the 8 house construction permits have been approved. The remaining 2 are expected to be approved in the next 2 to 4 weeks. The current owner will pay the permit fee and obtain the permit for the remaining 2 houses. All fees have been paid for including the following: 1. Park Dedication Fee for the entire project 2. Board of Water Supply fee for 8 individual water meters 3. Sewer connection fee to build the 8 SFD 4. HECO review fee and service installation fee for the entire project 5. All engineering design and house construction drawing fees 6. All City DPP review and permit fees All tenants have been given the 45-day notice to vacate by June 1. All approved permits including the 8 house construction plans are included in the sale of the property. Construction can start right away. Normal sale Asking 2m negotiable. Setup & address available