2420 Amsterdam Ave - Hospitality FOR SALE
New York, NY 10033 |
2420 Amsterdam Ave
New York, NY 10033
HIGHLIGHTS
- Brand New Mixed-Use Development - Opportunity Zone Investment.
- 221 Key Boutique Hotel Non-Union Unencumbered by Brand & Management. Leased 12th Floor Event Space with indoor and outdoor space with incredible views
- 100% Vacant Class A 149,526 Rentable Square Feet with 9-12 Foot Ceiling Heights. 169 Space Parking Garage.
- Bank Tenanted Retail tenant occupying 50% of the space
- Close Proximity to Major Attractions, such as Columbia University, New York Presbyterian Hospital, Yankee Stadium, United Palace and the Bronx Zoo
- The entire property benefits from a 25-Year ICAP Tax Abatement, resulting in significantly reduced real estate taxes until the 2047/2048 tax year.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
The Radio Tower & Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
279406
STORIES
23
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2022
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C8-3
APN/PARCEL ID
2152-0083
