Prime Turnkey Investment – Luxury Real Estate + Hospitality Business
A rare opportunity to acquire a fully renovated, income-producing boutique hospitality asset in the heart of Cobble Hill, Brooklyn—just 8 minutes from SoHo, Manhattan.
**Property Overview:**
* Two townhouses same block
* Total of **6 luxury serviced apartments**
* High-end finishes and furnishings, fully turn-key
* Operates as a private members' house
* Five-star reviews on Google; discreet and respected brand
**Financials:**
* **Gross annual income:** \~\$1,000,000
* **Average nightly rate:** \$700
* **Offered at:** \$11.5M
* **Cap Rate:** \~6.5%
* Real estate and business included in sale
* Option to retain existing management or operate independently
**Additional Notes:**
* Highly rated by a selective clientele; strong repeat business
* Unique hybrid of residential and hospitality, legally compliant
* More financials and operational details available upon NDA