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132-26 S Conduit Ave
Jamaica, NY 11430
Institutional Sale | The Gate Hotel at JFK · Hospitality Property For Sale
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69,700 SF
Investment Highlights
- Blank-slate opportunity offered unencumbered of both brand and management (formerly utilized by a government agency)
- Compact layout maximizes optionality and operational efficiency
- Long-term ground lease with 80 years remaining and no FMV resets
- Excellent visibility and convenient location at the entrance to JFK International Airport
- Includes full-service amenities to cater to crew demand and group
Property Facts
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2012 |
| Building Class | B | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 0.62 AC | Corridor | Interior |
| Building Size | 69,700 SF | ||
| Zoning | M1-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.62 AC |
| Building Size | 69,700 SF |
| No. Stories | 6 |
| Year Built/Renovated | 2008/2012 |
| Parking Ratio | 0.4/1,000 SF |
| Corridor | Interior |
| Zoning | M1-2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 11886-0010 | Improvements Assessment | $10,442,280 |
| Land Assessment | $607,500 | Total Assessment | $11,049,780 |
Property Taxes
Parcel Number
11886-0010
Land Assessment
$607,500
Improvements Assessment
$10,442,280
Total Assessment
$11,049,780
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