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Informations principales sur l'investissement
- Fully leased to the City of New York, generating immediate and stable cash flow of approximately $4.19 million annually.
- Positioned in a vibrant, rapidly growing sub-market of Manhattan with strong retail, dining, and cultural amenities nearby.
- Significant value-add potential through repositioning into a high-end hospitality concept with modern upgrades.
- Excellent long-term upside driven by ongoing neighborhood revitalization and increasing demand for hospitality assets in prime Downtown locations.
Résumé analytique
Cushman & Wakefield is pleased to exclusively present 61–63 Chrystie Street, a hotel located on the west side of Chrystie Street between Hester and Canal Streets in the Lower East Side, a vibrant and rapidly growing sub-market of Manhattan.
The property spans ±40,529 square feet and is comprised of 77 hotel rooms, along with 1 commercial garage. The property is currently 100% occupied by the City of New York, which utilizes the rooms as a shelter, providing immediate, stable cash flow of approximately $4,187,645. Furthermore, this property presents a compelling value-add or user opportunity to reposition and renovate into a high-end hospitality concept with modernized units.
Situated at 61–63 Chrystie Street, the property benefits from its location at the convergence of Chinatown, Lower East Side, and NoLiTa, an area that continues to attract shoppers, tourists, and residents alike. The neighborhood’s ongoing growth, combined with its mix of historic character and modern developments, further enhances the property’s long-term appeal.
The property spans ±40,529 square feet and is comprised of 77 hotel rooms, along with 1 commercial garage. The property is currently 100% occupied by the City of New York, which utilizes the rooms as a shelter, providing immediate, stable cash flow of approximately $4,187,645. Furthermore, this property presents a compelling value-add or user opportunity to reposition and renovate into a high-end hospitality concept with modernized units.
Situated at 61–63 Chrystie Street, the property benefits from its location at the convergence of Chinatown, Lower East Side, and NoLiTa, an area that continues to attract shoppers, tourists, and residents alike. The neighborhood’s ongoing growth, combined with its mix of historic character and modern developments, further enhances the property’s long-term appeal.
Informations sur l’immeuble
| Prix | 24 118 639 € | Classe d’immeuble | C |
| Prix par m² | 6 410,15 € | Surface du lot | 0,05 ha |
| Type de vente | Investissement ou propriétaire occupant | Surface de l’immeuble | 3 763 m² |
| Type de bien | Spécialité | Nb d’étages | 11 |
| Sous-type de bien | Abri | Année de construction | 2020 |
| Zonage | C6-1G - Les zones C6 permettent une large gamme d'utilisations commerciales à forte densité nécessitant un emplacement central. | ||
| Prix | 24 118 639 € |
| Prix par m² | 6 410,15 € |
| Type de vente | Investissement ou propriétaire occupant |
| Type de bien | Spécialité |
| Sous-type de bien | Abri |
| Classe d’immeuble | C |
| Surface du lot | 0,05 ha |
| Surface de l’immeuble | 3 763 m² |
| Nb d’étages | 11 |
| Année de construction | 2020 |
| Zonage | C6-1G - Les zones C6 permettent une large gamme d'utilisations commerciales à forte densité nécessitant un emplacement central. |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Taxes foncières
| Numéro de parcelle | 0303-0025 | Évaluation des aménagements | 2 033 847 € |
| Évaluation du terrain | 720 975 € | Évaluation totale | 2 754 822 € |
Taxes foncières
Numéro de parcelle
0303-0025
Évaluation du terrain
720 975 €
Évaluation des aménagements
2 033 847 €
Évaluation totale
2 754 822 €
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61 Chrystie St
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