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Historic Blue Moon Hotel 100 Orchard St 22 Room Hotel New York, NY 10002 $25,000,000 ($1,136,364/Room) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Acknowledged by National Geographic as one of 150 in the Western Hemisphere to check into, located in the epicenter of the Lower East Side.
  • History and Luxury collide in a Lower East Side Hotel filled with artful details from an original tenement.
  • the Blue Moon sits in an 1879 tenement that’s been painstakingly restored to reflect its origins
  • Personal terrace, captivating city views, onsite cafe, bakery, and Italian restaurant.

EXECUTIVE SUMMARY

Turnkey Award-Winning Property. Recent 2.5M+ upgrade throughout the entire building. Centrally located in the heart of the epicenter of lower Manhattan. Apartment style suites with kitchens, more than half of our rooms have balconies. All new furnishings as of September 2001.
The Historic Blue Moon is the hotel for the arts, acknowledged by National Geographic “One in 150 in the Western Hemisphere To Check Into” , ), NY Magazine, Citysearch, and Rizzoli’s Best 100 Little Hotels.
“History and Luxury collide in a Lower East Side Hotel filled with artful details from an original tenement.”
– Citi Search
“A refreshing change from the shiny high-rises popping up downtown, the Blue Moon sits in an 1879 tenement that’s been painstakingly restored to reflect its origins.”
– Sandra Ramani, New York Magazine
“Forging the past vibrantly...Randy spent five years transforming the former Orchard Street tenement into one of Manhattan’s more captivating new small hotels.”
– John Freeman Gill, International Herald Tribune
“Manhattan will always have its sprawling, soulless mega-hotels. And if you like staying at a Hyatt or a Hilton, that’s fine. But a number of New York innkeepers have decided in the last few years that some of us might want something other than Room 29768.”
– John Horn, L.A. Times
We confidently assert that our rooms are the biggest and best rooms on the Lower East Side.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $25,000,000
Price Per Room $1,136,364
Sale Type Investment
Cap Rate 6%
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.05 AC
Building Size 15,630 SF
No. Rooms 22
No. Stories 8
Year Built/Renovated 1879/2006
Tenancy Single
Corridor Interior
Zoning C6-2A - Zoning: C6-2A FAR (Floor Area Ratio): 6.02 As-Built FAR: 6.24

AMENITIES

  • Restaurant
  • Room Service
  • Wheelchair Accessible
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fiber Optic Internet
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 22 $399.00 -
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 28827510

  • Date on Market: 6/22/2023

  • Last Updated:

  • Address: 100 Orchard St, New York, NY 10002

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