For Sale
$105,000,000

0 Albany StNew York, NY 10001

217-key hotel, prime location, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 217-key hotel, located at 8 Albany Street in New York City's Financial District, presents a compelling investment opportunity. Boasting unparalleled panoramic city views, this architectural gem occupies floors 2-22, plus portions of the basement and ground floor, within a larger building. The hotel features approximately 11,118 square feet of leasable retail space, in addition to a total gross building area of approximately 143,281 square feet. Built in 2019 and renovated in 2021, the property currently enjoys an 83.2% occupancy rate. Key features include a hotel lobby bar/restaurant, a mezzanine level ideal for dining and events, and ample outdoor seating on the ground floor for food and beverage service. The sale includes rights to existing leases. This Class A hotel represents a rare chance to acquire a high-performing asset in a coveted location. The asking price is $105,000,000.

Highlights

  • $105,000,000 Asking Price
  • 217-key Hotel in New York City's Financial District
  • 11,118 - 143,281 square feet, including retail space
  • 83.2% Occupancy
  • Built in 2019, Renovated in 2021

Property Details for 0 Albany St

Property type
Hospitality properties, Hotels
Square Feet
11,118 SF
Year Built/Renovated
2019/2021

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7536854
Longitude
-73.9991637
Albany St, New York, New York

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0 Albany St
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