For Sale
$530,000,000

0 Manhattan Downtown Peck Slip Ny Ny 10038New York, NY 10038

Iconic Marriott Hotel, 330 Keys, $530M

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 39-story, 330-key Marriott hotel presents a unique investment opportunity in the heart of downtown Manhattan. Built in 2020 and renovated in 2021, this single-building property boasts a prime location at Peck Slip, NY, NY 10038, within the C5-5 permitted zoning district. The hotel offers unparalleled luxury accommodations, commanding a price per key of $63,636.64. The asking price for this prestigious asset is $530,000,000. This represents a significant opportunity for investors seeking a high-return hospitality investment in a thriving New York City market. The property's modern design and prime location ensure strong occupancy rates and consistent revenue generation. The sale is structured to accommodate a 1031 exchange, providing further tax advantages for qualified buyers. Detailed financial information and operational data are available upon request. This is a rare chance to acquire a branded, high-performing hotel in one of the world's most dynamic and sought-after urban centers. Serious inquiries only.

Highlights

  • 39-story, 330-key Marriott hotel in downtown Manhattan.
  • Built in 2020, renovated in 2021, located at Peck Slip, NY, NY 10038 in a C5-5 zoning district.
  • $63,636.64 price per key; $530,000,000 asking price.
  • 1031 exchange eligible.

Property Details for 0 Manhattan Downtown Peck Slip Ny Ny 10038

Property type
Hospitality properties, Hotels
Year Built/Renovated
2020/2021
Buildings
1
Stories
39

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7082309
Longitude
-74.0018457
Manhattan Downtown Peck Slip Ny Ny 10038, New York, New York

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0 Manhattan Downtown Peck Slip Ny Ny 10038
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