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96-97 147th Place
Address: 96-97 147th Pl, Jamaica, NY 11435, USA
Created date: November 5, 2024
Date last updated: January 22, 2025
- 86 Key / 9 Story Hotel
- Newly Constructed with Certificate of Occupancy
- JFK Airport Hotel close to Air-Train and LIRR
- 30 Minutes to Midtown Manhattan
Property Description
Newly Constructed 86 Key / 9 Story Hotel in The Jamaica Section of Queens. JFK Airport Hotel operating under the Red Roof Plus Flag. See link below for hotel website with additional information and photos. Hotel opened in September 2024 and October 2024 Tax Report is available. Red Roof Plus Franchise agreement available for review. 2025 projections bring NOI at over $2.15MM. Hotel is offered at an 8.5% capitalization. Please sign CA for access to additional information. All buyers must be approved. This is a rare opportunity to purchase a a newly constructed NYC Hotel that is not operating as a shelter or in any program.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $25,800,000 |
| No. of Units: | 86 |
| Year Built: | 2024 |
| Lot Size: | 0.17 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $300,000 |
| Property Website | Click Here |
Address: 96-97 147th Place, Jamaica, NY 11435, USA
Provided by: 
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