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14 Olive StBrooklyn, NY 11211

New Hotel, 20 Rooms, Panoramic Views

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional new construction hotel, located at 14 Olive Street in the desirable East Williamsburg submarket of Brooklyn, offers a unique investment opportunity. The property boasts 26,000 square feet and features 20 uniquely designed rooms, each equipped with oversized, handcrafted marble bathrooms, imported European kitchenettes, and private balconies showcasing breathtaking panoramic views of the Brooklyn and Manhattan skylines. High-end finishes are present throughout. A significant amenity is the expansive 2,000+ square foot rooftop deck, providing 360-degree views of New York City, ideal for events or relaxation. The hotel's prime location offers easy access to a wide array of retail options, restaurants, and public transportation. The property has a single tenancy and is powered by a 750-amp service. Property taxes are $4.80 per square foot. There is no on-site parking. The cross street is Powers Street. This is a rare opportunity to acquire a brand-new, luxury boutique hotel in a thriving Brooklyn neighborhood. The property is available for lease or management.

Highlights

  • New construction hotel for lease/management.
  • 26,000 square feet, single-tenant occupancy.
  • Located in the East Williamsburg submarket, near Powers Street.
  • Features 20 rooms with high-end finishes, including marble bathrooms and balconies with Manhattan skyline views.
  • Includes a 2,000+ sq ft rooftop deck with 360-degree city views.
  • Annual property taxes are approximately $4.80 per square foot.

Property Details for 14 Olive St

Property type
Specialty properties, Hospitality properties
RSF (Rentable sq. ft)
26,000 SF

Unit(s) available at that property

Space
Size
11,000 SF

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.713066595587
Longitude
-73.938717868129
14 Olive St, Brooklyn, New York

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14 Olive St
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