Turn-key LuxuryHotel For Sale 12 Stories52 KeysPlus Rooftop

In the Heart of theLower East Side

Delivered CompleteEarly 2013

Asking $26M

Owner willing to accept 5%Deposit before construction

Close to subways: 4, 5, 6, B, D,F, J, M, N, R and Z

Lot SF: 2,319 sf

Lot Size:26.5’ x 87.5‘

Block & Lot: 416 / 58

Frontage: 26.5’

Real Estate Taxes: $62,165

Projected GrossRevenue: $4,745,000

Projected NOI: $1,660,750

Projected NOIBefore Reserve: $2,084,750

ProjectedCap Rate: 8%

163ORCHARDbetween stanton and rivington

AN-CHI MIAUAssociate Directoramiau@lee-associates.com(646) 723-4724 or (646) 201-3650w w w . l e e a s s o c i a t e s n y c . c o m

All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modi�cations, removal of the listing from sale or lease, and to any listing conditions, including the rates and manner of payment of commissions for particular o�erings imposed by principals or agreed by this Company, the terms of which are available to principals or duly licensed brokers. ANy square footage dimensions set forth are apprxoimate.