33 W 55th St | New York, NY 10019
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- LoopNet Team
33 W 55th St
New York, NY 10019
The Shoreham Hotel · Hospitality Property For Sale
·
49,484 SF
INVESTMENT HIGHLIGHTS
- Unencumbered of both brand and management, providing potential investors the flexibility to implement branding alternatives and affiliation options.
- Current zoning is CP-5, Besides a hotel, the Property is also zoned for offices, multifamily, retail, banks/financial institutions, museums, and more.
- Remarkable opportunity to acquire the Property at a significant discount to replacement cost in the heart of Midtown Manhattan.
- The asset’s versatility allows a new investor to seamlessly reposition the property with capital improvements and a realigned business strategy.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 49,484 SF |
| Property Subtype | Hotel | No. Stories | 11 |
| Building Class | B | Year Built/Renovated | 1925/2009 |
| Lot Size | 0.12 AC | Corridor | Interior |
| Zoning | C5-P | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 49,484 SF |
| No. Stories | 11 |
| Year Built/Renovated | 1925/2009 |
| Corridor | Interior |
| Zoning | C5-P |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 1271-0017 | Improvements Assessment | $1,534,450 |
| Land Assessment | $4,342,500 | Total Assessment | $5,876,950 |
PROPERTY TAXES
Parcel Number
1271-0017
Land Assessment
$4,342,500
Improvements Assessment
$1,534,450
Total Assessment
$5,876,950
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