1270 New York New York Times Square Branded Hotel

New York New York Times Square Branded Hotel Business & Property for Sale $220,000,000 for New York, New York Times Square Branded Hotel Business & Property. THE HOTEL FEATURES WELL-APPOINTED, LUXURIOUS ROOMS. THIS HOTEL IS LOCATED MINUTES AWAY FROM TIMES SQUARE, PLACING THE GUEST STEPS AWAY FROM MADISON SQUARE GARDENS AND CENTRAL PARK. END BUYER’S ONLY. IF INTERESTED, PLEASE SUBMIT AN NDA, POF, AND AN LOI. NO EXCEPTIONS. SUMMARY DETAILS HOTEL CLASS: 4- STAR CLASS A ROOMS/KEYS: 330 REVENUE: 26MM NET OPERATING NOI: 14MM PROJECT HIGHLIGHTS: 17MM BY 2026 PRICE PER KEY: 500k OCCUPANCY 92-95 % AVERAGE DAILY: 380.00 PRIME ROOM’S REVENUE: 700.00 + PER NIGHT ANNUAL REVENUE PER ROOM 45K UNION STATUS: (NON-UNION PROPERTY) EVENTS SPACE AND GATHERING FACILITIES CENTRALLY LOCATED NEAR RESTAURANTS, ENTERTAINMENT, SHOPPING, AND MAJOR INTERSECTIONS. The hotel property features all basic services for a Property of this type and offers amenities such as an indoor pool, whirlpool, fitness room, business center, and more. The rooms are located off the interior corridors. There are many local businesses and other demand generators in the area. The hotel’s neighborhood primarily comprises a variety of commercial, retail, and leisure/entertainment uses. Please “do not disturb the employees” and call the broker for more information and showings. SG Number: SG 11270 Business Type: Hotel Business Name: SG 11270 York New York Times Square Branded Hotel Listing Price: $220,000,000 Down Payment: TBD Proposed Seller Financing Availability: N/A Annual Gross Sales: To be provided Annual Owner Profits: To be determined Monthly Rent/Mortgage Payment: To be determined Seller Competition: Seller May Sign a Non-Compete Agreement Years Seller has Owned/Operated Business: 2018 by seller Reason for Selling: Seller Family Issues # of Employees/Management: To be provided Building Size/Type: Stand-Alone Building State: New York Country: U.S.A.