Major New Soho 4 Star Hotel Manhattan NY For Sale

Business description

A SOHO NEW YORK HOTEL, THIS SOHO HOTEL IS IN SOHO, MANHATTAN, NEW YORK
Tucked away in one of New York City's trendiest spots, the The Soho Hotel, an Ascend Collection® hotel, is ideally located in downtown SoHo. Many popular, dynamic neighborhoods, including Little Italy, Chinatown, the historic South Street Seaport and the Financial District are just blocks away from this New York, NY hotel.
Additional nearby points of interest include:
• Jacob K. Javits Convention Center
• Madison Square Garden entertainment venue
• New York University (NYU)
• Times Square
• Memorial at Ground Zero
SoHo boasts an array of specialty stores and dining options that range from small, boutique shops to big name stores, as well as numerous cocktail lounges and neighborhood bars, and restaurants where you can enjoy anything from Italian food to Thai, French and everything in between. Experience all the best New York has to offer right outside the doors of the SOHO HOTEL
This New York City, NY hotel provides guests with many full-service amenities and features, including:
• Free high-speed Internet access throughout the hotel
• Free local calls
• Free USA Today newspaper
• Free bottled water
The hotel features custom guest rooms with spectacular views of the city. All guest rooms have designer bedding, plasma televisions, massage shower heads, full marble bathrooms, bathrobes, safes, coffee makers, irons, ironing boards, desks, voice mail, hair dryers and cable television. Non-smoking rooms can be requested.
Our staff is here 24-hours a day to help you with whatever questions you may have.
The Soho Hotel, an Ascend Collection® hotel, wants to be the first to welcome you to New York City and we hope you have a memorable and pleasant stay.

Property information

Real Estate:

Real Property Included

Location:

Tucked away in one of New York City's trendiest spots, the The Soho Hotel, an Ascend Collection® hotel, is ideally located in downtown SoHo. Many popular, dynamic neighborhoods, including Little Italy, Chinatown, the historic South Street Seaport and the Financial District are just blocks away from this New York, NY hotel.
Additional nearby points of interest include:
• Jacob K. Javits Convention Center
• Madison Square Garden entertainment venue
• New York University (NYU)
• Times Square
• Memorial at Ground Zero
SoHo boasts an array of specialty stores and dining options that range from small, boutique shops to big name stores, as well as numerous cocktail lounges and neighborhood bars, and restaurants where you can enjoy anything from Italian food to Thai, French and everything in between. Experience all the best New York has to offer right outside the doors of the SOHO HOTEL

Premises details:

Square Footage: 20000 Real Estate included.
BRAND NEW SOHO HOTEL HAS FRANCHISE OF MAJOR NAME AND HOTEL GROUP 42 GORGEOUS ROOMS MAKE THIS NEW 5 STAR A ONE-OF - A -KIND ACQUISITION POSSIBILITY This New York City, NY hotel provides guests with many full-service amenities and features, including: • Free high-speed Internet access throughout the hotel • Free local calls • Free USA Today newspaper • Free bottled water The hotel features custom guest rooms with spectacular views of the city. All guest rooms have designer bedding, plasma televisions, massage shower heads, full marble bathrooms, bathrobes, safes, coffee makers, irons, ironing boards, desks, voice mail, hair dryers and cable television. Non-smoking rooms can be requested. Our staff is here 24-hours a day to help you with whatever questions you may have. The Soho Hotel, an Ascend Collection® hotel, wants to be the first to welcome you to New York City and we hope you have a memorable and pleasant Hotel Services and Amenities: Elevator(s) Government Travelers: FEMA Approved Guest Laundry * Hotel has Safe Interior Corridors Multi-Lingual Staff No Pets Allowed Valet Cleaning Service * Services/Amenities in All Rooms: AT&T Long Distance Cable/Satellite TV Free Hi Speed Internet Free Local Calls Free Newspaper Mon-Fri Hair Dryer In-Room Air Conditioning In-Room Coffee Maker In-Room Desk Individual A/C & Heat Iron & Ironing Board Voice Mail Wake-Up Service Services/Amenities in Some Rooms: Accessible Features Non-Smoking Rooms Available

Other information

Expansion potential:

GREAT GROWTH POTENTIAL ALTHOUGH THE HOTEL IS ALREADY 85% OCCUPIED.

Competition / Market:

A STAND-OUT AMONG THE REST

Support & training:

SELLER WILL TRAIN. HOTEL EXPERIENCE NECESSARY

Reasons for selling:

OWNER/BUILDER HAS OTHER INTERESTS

Trading hours:

24/7

Furniture / Fixtures value:

$3,000,000 (included in the asking price)