$53,000,000 USD
516-633-5498
38-70 12th St
Long Island City, NY 11101
Ravenswood
OVERVIEW
Excellent Long Island City location conveniently located near the Subway and Ed Kotch Bridge (59th St Bridge). Opened in 2019 this 144 Key Wingate By Windham Hotel is in excellent condition and has excellent ratings. The 2025 Budget EBITA is $4,136,610.
for detailed information pleas contact John Wilmarth at 516 633-5498 or john@metroocbb.com
FOR SALE DETAILS
PRICE
$53,000,000 USD
PRICE/SF
$569 USD /SF
# OF ROOMS
144
PRICE/ROOM
$368,056 {currency}
CAP RATE
7.8%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wingate by Wyndham Long Island City
PROPERTY TYPE
Hospitality
ADD'L SUBTYPES
undefined, undefined, undefined
TOTAL BUILDING SIZE
-
STORIES
16
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2017
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,500 SF
ZONING
M1-3
APN/PARCEL ID
00473-0618
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516-633-5498
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516-633-5498
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