Avison Young, as the exclusive agent, is pleased to offer for sale 34 East 32nd Street, also known as HGU New York, an iconic landmarked historical 90-key hotel between Madison Avenue and Park Avenue South in the heart of NoMad. Built in 1905, this 35,778-square-foot Beaux Arts-style property is one of the oldest continuously operating hotels in New York City. The property underwent a $25 million repositioning in 2016 and is now a highly reviewed four-star lifestyle boutique hotel servicing a diverse high-end client base. HGU New York provides investors with a unique opportunity to acquire a turnkey, cash-flowing non-union property in the highly desirable NoMad submarket. Currently self-managed, there is additional upside potential available to a hotel operator with the experience needed to increase revenues and add to the bottom line.