516-410-9926
9-02 38th Ave
Long Island City, NY 11101
Ravenswood
HIGHLIGHTS
- 112-key hotel leased to Housing Works, a leading not-for-profit organization operating as a halfway house.
- Halfway house renewed the original three-year lease through April 2028, ensuring long-term stability and value.
- Access to and from the property is easy via subway, Long Island Railroad, and ferry services, offering multiple transportation options.
- Long Island City is a prime investment destination, renowned for its rapid development and unbeatable proximity to Manhattan.
- Operating under the La Quinta brand, the franchise has a minimal role other than collecting a franchise fee and implementing any PIPs.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
La Quinta Net Leased as a Halfway House
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
12
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2019
PARKING SPACES
3
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
M1-3
APN/PARCEL ID
00475-0030
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516-410-9926
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516-410-9926
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