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2420 Amsterdam Ave
New York, NY 10033
The Radio Tower & Hotel · Hospitality Property For Sale · 279,406 SF

INVESTMENT HIGHLIGHTS

  • Brand New Mixed-Use Development - Opportunity Zone Investment.
  • 100% Vacant Class A 149,526 Rentable Square Feet with 9-12 Foot Ceiling Heights. 169 Space Parking Garage.
  • Close Proximity to Major Attractions, such as Columbia University, New York Presbyterian Hospital, Yankee Stadium, United Palace and the Bronx Zoo
  • 221 Key Boutique Hotel Non-Union Unencumbered by Brand & Management. Leased 12th Floor Event Space with indoor and outdoor space with incredible views
  • Bank Tenanted Retail tenant occupying 50% of the space
  • The entire property benefits from a 25-Year ICAP Tax Abatement, resulting in significantly reduced real estate taxes until the 2047/2048 tax year.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.77 AC
Building Size 279,406 SF
No. Stories 23
Year Built 2022
Corridor Interior
Zoning C8-3 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land.

AMENITIES

  • Business Center
  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 31892206

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 2420 Amsterdam Ave, New York, NY 10033

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