Homes for sale - 18331 Horace Harding EXPY, Fresh Meadows, NY 11365...

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ANN ACQUAVIVA

annacquavivarealtor@gmail.com +1(201) 400-7760

$ 29,880,000

Est. payment | -/mo

0.29 Acres Lot

Save

$ 29,880,000

Est. payment | -/mo

Save

0.29 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 888831

Rental Info No

Year Built 2018

Annual Tax Amount $424,867

Lot Size 0.292 Acres

Acres 0.2921

Property Sub-Type Hotel/Motel

Source onekey2

Property Description

This premium hotel portfolio, located in the Fresh Meadows Auburndale community of New York, comprises two modern buildings (183-15 and 183-31 Horace Harding Expy) with an annual revenue of $13 million and a sustained growth trend, showcasing significant development potential. Both six-story buildings were constructed in 2018, A Franchised Marriott Hotel, with a total lot area of 44,919 sq ft (~4,173 sq m) and a combined gross floor area of nearly 100,000 sq ft . The property offers 217 boutique guest rooms (124 at Courtyard and 93 at Fairfield), featuring a variety of room types including King beds, Queen beds, Double beds, and luxury suites. Situated in the high-quality District 26, the property holds an H3-class limited-service hotel ownership (affiliated with an international chain brand) and is zoned as R3-1/C1-2, supported by a well-established management system. - The 183-15 property includes a 27,755 sqf lot and a 54,944 sqf building. - The 183-31 property includes a 17,164 sqflot and a 42,186 sqf building. With combined annual property taxes of approximately $950,000, this hotel asset boasts an excellent location, stable revenue performance, and professional brand operation, making it a highly attractive investment opportunity.

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Trash Collection Private, Water Available

Total Parking Spaces 200

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Royalux Realty LLC • Zhao Li

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(201) 400-7760

annacquavivarealtor@gmail.com

18331 Horace Harding EXPY Fresh Meadows, NY 11365