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Wingate by Wyndham Long Island City 38-70 12th St 144 Room Hotel Long Island City, NY 11101 $53,000,000 ($368,056/Room) 7.80% Cap Rate
Investment Highlights
- Near Subway
- 5 minutes to Manhattan
Executive Summary
Excellent Long Island City location conveniently located near the Subway and Ed Kotch Bridge (59th St Bridge). Opened in 2019 this 144 Key Wingate By Windham Hotel is in excellent condition and has excellent ratings. The 2025 Budget EBITA is $4,136,610.
for detailed information pleas contact John Wilmarth at 516 633-5498 or john@metroocbb.com
for detailed information pleas contact John Wilmarth at 516 633-5498 or john@metroocbb.com
Property Facts
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $624.00 | - |
| Guest Room | 140 | $299.00 | - |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,834,870 | |
| Land Assessment | $1,011,600 | Total Assessment | $7,846,470 |
Property Taxes
Parcel Numbers
Land Assessment
$1,011,600
Improvements Assessment
$6,834,870
Total Assessment
$7,846,470
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Videos
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Presented by
Metro Commercial and Business Brokers Inc
Wingate by Wyndham Long Island City | 38-70 12th St
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