89-71 164th Street - Hospitality FOR SALE


Queens, NY 11432
$9,500,000 USD
212-685-7777
89-71 164th Street, Queens, NY for Sale
$9,500,000 USD
Hospitality - FOR SALE
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89-71 164th Street
Queens, NY 11432


OVERVIEW

Prime hotel and commercial development opportunity at 8971 164th Street, offered with approved hotel development plans. The property is positioned in a strong, high-demand corridor and is well-suited for a boutique or flagged hotel concept, with potential for complementary ground-floor commercial use. This is a shovel-ready project, developers and investors seeking a clear entitlement path, reduced execution risk, and upside through new construction hospitality. Excellent access to major roadways, transportation, and surrounding amenities further enhances long-term value and demand.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$244 USD /SF

# OF ROOMS

78

PRICE/ROOM

$121,795 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Hotel Queens

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C4-5X

APN/PARCEL ID

09794-0025

ASK ABOUT THIS PROPERTY

Alex ChoThe Corcoran GroupMore Info
212-685-7777

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Alex ChoThe Corcoran GroupMore Info
212-685-7777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.