516-410-9926
97-26 147th Pl, Jamaica, NY for Sale
Hospitality - FOR SALE
1/7
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97-26 147th Pl
Jamaica, NY 11435
Downtown Jamaica


HIGHLIGHTS

  • Convenient Airport Access: Prime location near JFK (3.2 miles) and LaGuardia (6.4 miles), with seamless transit via Jamaica Station (0.3 miles).
  • Strong NOI: 2025 projections bring NOI at over $2.35 million.
  • Newly Constructed with Certificate of Occupancy: The Hotel opened in September of 2024.
  • Accessibility to Manhattan: Just 25 minutes by subway, the hotel offers an affordable stay with easy access to NYC’s attractions
  • Convenient Access to Attractions: Near the King Manor Museum, Queens Zoo, New York Hall of Science, Jamaica Colosseum Mall, Citi Field, Resorts World
  • Close to Campus: Conveniently near York College (0.4 miles), St. John's University (2.1 miles), and Queens College, CUNY (3.4 miles).

OVERVIEW

Starting Bid $6,000,000 Forest Park Properties Real Estate Services is pleased to exclusively offer the fee-simple ownership interest in Red Roof Plus Jamaica (the “Property”, “Asset”, or “Hotel”), a newly constructed 86-room hotel strategically located in Jamaica, Queens near JFK Airport through an auction sale process. Situated just a short drive or Air-Train from John F. Kennedy International Airport, the Hotel offers unparalleled convenience for travelers. Additionally, its proximity to Manhattan, accessible via a quick 30-minute subway ride, makes it an attractive option for tourists and business travelers alike. Property tours are available on Tuesday, April 1st and Wednesday, April 23rd by appointment only. Please reach out to Raymond Mordekhai, raymond@forestparkny.com | 516-410-9926, to schedule.

FOR SALE DETAILS

PRICE

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# OF ROOMS

86

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof PLUS+ JFK Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

9

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C4-5X

APN/PARCEL ID

10031-0014

ASK ABOUT THIS PROPERTY

Raymond MordekhaiForest Park Properties IncMore Info
516-410-9926

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Raymond MordekhaiForest Park Properties IncMore Info
516-410-9926

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