94 Canal St | New York, NY 10002
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- LoopNet Team
94 Canal St
New York, NY 10002
Hotel Unit Triple Lease Investment 5.4% CAP · Hospitality Property For Sale
·
58,291 SF
INVESTMENT HIGHLIGHTS
- Triple Net Investment With 5.4 CAP
- Turnkey Opportunity
- Prime Location
- 51 Key hotel
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 58,291 SF |
| Property Subtype | Hotel | No. Stories | 12 |
| Building Class | C | Year Built | 2016 |
| Lot Size | 0.20 AC | Corridor | Interior |
| Zoning | C61G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 58,291 SF |
| No. Stories | 12 |
| Year Built | 2016 |
| Corridor | Interior |
| Zoning | C61G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 94 CANAL ST , NEW YORK, NY 10002
The hotel unit is in a newly built mixed-use building, finished in 2017. The hotel space is a total of 18,919 SqFt covering three floors, from second floor thru fourth floor, each floor has 17 rooms totaling 51 rooms in addition to a conference center. The hotel unit is currently leased to an independent hotel operator in a NNN Lease. Net monthly income is $90,000.
PROPERTY TAXES
| Parcel Number | 0292-1103 | Improvements Assessment | $107,077 |
| Land Assessment | $42,471 | Total Assessment | $149,548 |
PROPERTY TAXES
Parcel Number
0292-1103
Land Assessment
$42,471
Improvements Assessment
$107,077
Total Assessment
$149,548
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