27 W 72nd St | New York, NY 10023
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27 W 72nd St
New York, NY 10023
Hotel Olcott · Property For Lease
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255,000 SF
ABOUT THE PROPERTY
April 2004: The property, also known as the Hotel Olcott has been sold. The sale took place at a capitalization rate of 3.12$ and a gross rent multiple of 10.78. The building was a hotel/SRO transient building containg 238 residential units and 7 commercial units. Massey Knakal Realty Services and CB Richard Ellis were the sole brokers in this transaction. The buyer was not disclosed. Between Central Park W & Columbus
PROPERTY FACTS
| Property Type | Hospitality | Year Built | 1925 |
| Property Subtype | Hotel | Construction Status | Converted |
| Building Size | 255,000 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Size | 255,000 SF |
| Year Built | 1925 |
| Construction Status | Converted |
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