Boutique Hotel for sale on the Lower East Side. Lots of potential to create a thriving boutique Hotel brand.
* Asking Price: $23 Million
* Lower East Side Hotel
* 44 Rooms
* Excellent Location
* NOI - $1.5 million per year
* Ability to add wine bar on lower level
* Ability to add Food & snacks to rooftop lounge
* Current ADR is low. Only $180 per night. Can be much higher
* Currently very little F&B being undertaken
Please contact us for more details.