LOWER EAST SIDE HOTEL FOR SALE

A 26ft wide 8-story elevator hotel building that has been renovated. The building has 22 suites with all the original details in place. The property is fully sprinkler with a state of the art fire alarm system. The property lies in the heart of the Lower East Side, it is located near the tenement museum and is on Orchard Street, which is the retail capital of the area. This is a prime opportunity for a hotel user they can also use it for selling time-shares, or turn it into a condo hotel. The property would also make a great bed and breakfast opportunity.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Halstead. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Halstead represents the seller/owner on Halstead's own exclusives, except if another agent of Halstead represents the buyer/tenant, in which case Halstead will be a dual agent with designated agents representing seller/owner and buyer/tenant. Halstead represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Halstead treats all parties fairly and honestly. Halstead actively supports equal housing opportunities.

* - represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with professionals to determine legal use parameters.

Listing Details

Listing ID: 1047514
Price: $35,000,000
RE Tax: $30,000.00
Listing Type: Townhouse
Type: Commercial

Residence Information

Facade: Brick

Townhouse Features

  • Delivered Vacant

Building Information

  • Elevator

Nearby Restaurants

'inoteca
Oliva
Zucco: Le French Diner
Georgia's Eastside BBQ
Allen & Delancey

Nearby Bars and Nightlife

Clandestino
Iggy's Keltic Lounge
Sapphire Lounge
bOb
King Size

Nearby Shopping

Ale et Ange
Honey in the Rough
Michael Andrews Bespoke
ARC Sports
Babycakes NYC

Nearby Health and Fitness

Kula Yoga Project
Pimps and Pinups
Freemans Sporting Club
Fringe Salon
Frank's Chop Shop

Information provided by nymag.com.

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