Hotel For Sale
| Address | $ / RSF | SF | Purchase Price |
|---|---|---|---|
| Between Park Ave S & Madison Ave | 35,778 | $45,000,000 | $1,257.76 |
| Between Bayard St & Mosco St | 19,860 | $20,000,000 | $1,007.05 |
| Between Broome St & Delancey St | 15,630 | $25,000,000 | $1,599.49 |
| Between Bowery & Elizabeth St | 48,911 | $50,000,000 | $1,022.26 |
| Between Canal St & Walker St | 35,496 | $25,000,000 | $704.30 |
| Between 6th Ave & 7th Ave | 600 | $695,000 | $1,158.33 |
| Between 10th Ave & 11th Ave | 78,333 | $17,000,000 | $217.02 |
| Between W 46th St & W 47th St | 10,271 | $42,000,000 | $4,089.18 |
| Address | $ / RSF | SF | Purchase Price |
|---|---|---|---|
| West 14th Street Between 10th Ave & 11th Ave | $3,340 | 6,735 | $22,500,000 |
| West 22nd Street Between 8th Ave & 9th Ave | $1,230 | 7,315 | $9,000,000 |
| Broome Street Between Crosby St & Broadway | $1,350 | 10,400 | $14,050,000 |
| West 36th Street Between 9th Ave & 10th Ave | $1,134 | 12,340 | $14,000,000 |
| Allen Street Between Delancey St & Rivington St | $512 | 16,579 | $8,500,000 |
Why Use Optimal to Buy?
As a buyer's broker for hotels in New York City, I would provide the following comprehensive services:
Property Search and Evaluation
- Conduct thorough searches for both on-market and off-market hotel properties in New York City that meet your specific criteria.
- Leverage an extensive network of industry connections to identify exclusive off-market opportunities.
- Perform detailed market analysis and property evaluations to determine fair market value and potential ROI.
Due Diligence and Advisory
- Gather and analyze critical information on target properties, including financial statements, occupancy rates, and revenue metrics.
- Provide expert insights on local market trends, regulations, and future growth potential.
- Assist in evaluating the property's physical condition and identifying any necessary improvements or renovations.
Offer and Negotiation
- Develop strategic offer structures tailored to each property.
- Negotiate aggressively on your behalf to secure the best possible price and terms.
- Present offers professionally and persuasively to sellers.
Transaction Management
- Coordinate with attorneys, lenders, and other professionals involved in the transaction.
- Assist with preparing and submitting all necessary documentation.
- Guide you through the entire closing process, ensuring all contingencies are met.
Post-Purchase Support
- Provide recommendations for property management companies and other essential services.
- Offer ongoing market insights and industry updates.
- Connect you with valuable resources and networking opportunities in the hotel industry.
By leveraging my expertise and dedicated services, you can navigate the complex New York City hotel market with confidence, identifying the best opportunities and maximizing the value of your investment.
Why Optimal Spaces –
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Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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