548 W 48th St | New York, NY 10036
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548 W 48th St
New York, NY 10036
Comfort Inn Midtown West, NYC · Hospitality Property For Sale
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20,383 SF
Investment Highlights
- The Comfort Inn Midtown West is located in the heart of Hell’s Kitchen, surrounded by Times Square, Manhattan Cruise Terminal, and The Javits Center.
- Option to terminate the franchise agreement at no cost in September 2025 provides the opportunity to rebrand or operate as an independent boutique.
- The Hotel is blocks from Central Park, Columbus Circle, Broadway, The Intrepid Museum, Lincoln Center, and over 80 million SF of office space.
- Opened in March 2013, the 89-key, non-union Hotel was recently renovated in 2023/2024. It offers guests a contemporary and chic design package.
- Hyper-efficient, rooms-only design ensures robust margins, with the potential for substantial revenue growth and enhanced profitability.
- The Comfort Inn presents a highly profitable investment, with strong and consistent cash flow, projected to have a 34.6% NOI margin in 2024.
Property Facts
| Sale Condition | Auction Sale | Building Size | 20,383 SF |
| Type of Ownership | Fee Simple | No. Stories | 9 |
| Property Type | Hospitality | Year Built/Renovated | 2013/2026 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Parcel Number | 1076-0057 |
| Lot Size | 0.12 AC | ||
| Zoning | R8 - High density residential district | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 20,383 SF |
| No. Stories | 9 |
| Year Built/Renovated | 2013/2026 |
| Corridor | Interior |
| Zoning | R8 - High density residential district |
| Parcel Number | 1076-0057 |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
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