100 Orchard St - Hospitality FOR SALE


New York, NY 10002- Lower East Side
$25,000,000 USD
973-777-7460
100 Orchard St, New York, NY for Sale
$25,000,000 USD
Hospitality - FOR SALE
1/14
null | 6% Cap Rate

100 Orchard St
New York, NY 10002
Lower East Side


HIGHLIGHTS

  • Acknowledged by National Geographic as one of 150 in the Western Hemisphere to check into, located in the epicenter of the Lower East Side.
  • the Blue Moon sits in an 1879 tenement that’s been painstakingly restored to reflect its origins
  • History and Luxury collide in a Lower East Side Hotel filled with artful details from an original tenement.
  • Personal terrace, captivating city views, onsite cafe, bakery, and Italian restaurant.

OVERVIEW

Turnkey Award-Winning Property. Recent 2.5M+ upgrade throughout the entire building. Centrally located in the heart of the epicenter of lower Manhattan. Apartment style suites with kitchens, more than half of our rooms have balconies. All new furnishings as of September 2001. The Historic Blue Moon is the hotel for the arts, acknowledged by National Geographic “One in 150 in the Western Hemisphere To Check Into” , ), NY Magazine, Citysearch, and Rizzoli’s Best 100 Little Hotels. “History and Luxury collide in a Lower East Side Hotel filled with artful details from an original tenement.” – Citi Search “A refreshing change from the shiny high-rises popping up downtown, the Blue Moon sits in an 1879 tenement that’s been painstakingly restored to reflect its origins.” – Sandra Ramani, New York Magazine “Forging the past vibrantly...Randy spent five years transforming the former Orchard Street tenement into one of Manhattan’s more captivating new small hotels.” – John Freeman Gill, International Herald Tribune “Manhattan will always have its sprawling, soulless mega-hotels. And if you like staying at a Hyatt or a Hilton, that’s fine. But a number of New York innkeepers have decided in the last few years that some of us might want something other than Room 29768.” – John Horn, L.A. Times We confidently assert that our rooms are the biggest and best rooms on the Lower East Side.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$1,599 USD /SF

# OF ROOMS

22

PRICE/ROOM

$1,136,364 {currency}

CAP RATE

6%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Blue Moon Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

8

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1879

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C6-2A

APN/PARCEL ID

0409-7501

ASK ABOUT THIS PROPERTY

Randy SettenbrinoRandy J SettenbrinoMore Info
973-777-7460

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Randy SettenbrinoRandy J SettenbrinoMore Info
973-777-7460

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.