Deluxe 75-Room Hotel for Sale in Prime New York City Location

This listing presents a deluxe 75-room hotel situated in an excellent location within New York City, NY. Established in 1995, this well-maintained property serves as a business center and includes a deluxe pool, as well as party and catering halls, catering to a diverse clientele. The asking price of $16,900,000 encompasses the business operations, furniture, fixtures, and equipment (FFE) valued at $2,300,000, and the real estate. Financially, the business demonstrates strong performance with a gross revenue of $4,000,000 and a healthy cash flow of $1,800,000. The seller is retiring and is willing to offer financing and training to a new owner. There is significant potential for growth and expansion, with detailed strategies available upon inquiry. The business operates in a competitive market but offers a compelling opportunity in the hospitality sector.