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Clarion Hotel Queens 89-71 164th Street 78 Room Hotel Queens, NY 11432 $9,500,000 ($121,795/Room)
Executive Summary
Prime hotel and commercial development opportunity at 8971 164th Street, offered with approved hotel development plans. The property is positioned in a strong, high-demand corridor and is well-suited for a boutique or flagged hotel concept, with potential for complementary ground-floor commercial use.
This is a shovel-ready project, developers and investors seeking a clear entitlement path, reduced execution risk, and upside through new construction hospitality. Excellent access to major roadways, transportation, and surrounding amenities further enhances long-term value and demand.
This is a shovel-ready project, developers and investors seeking a clear entitlement path, reduced execution risk, and upside through new construction hospitality. Excellent access to major roadways, transportation, and surrounding amenities further enhances long-term value and demand.
Property Facts
| Price | $9,500,000 | Construction Status | Final Planning |
| Price Per Room | $121,795 | Building Size | 39,000 SF |
| Sale Type | Investment | No. Rooms | 78 |
| Sale Condition | Building in Shell Condition | No. Stories | 5 |
| Property Type | Hospitality | Year Built | 2027 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC | ||
| Zoning | C4-5X | ||
| Price | $9,500,000 |
| Price Per Room | $121,795 |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.14 AC |
| Construction Status | Final Planning |
| Building Size | 39,000 SF |
| No. Rooms | 78 |
| No. Stories | 5 |
| Year Built | 2027 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C4-5X |
Amenities
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 78 | $257.00 | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 09794-0025 | Improvements Assessment | $1,510,650 |
| Land Assessment | $383,400 | Total Assessment | $1,894,050 |
Property Taxes
Parcel Number
09794-0025
Land Assessment
$383,400
Improvements Assessment
$1,510,650
Total Assessment
$1,894,050
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Clarion Hotel Queens | 89-71 164th Street
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