Development Site with Fairfield Inn Approval in Farmingdale, NY

This listing presents a prime development opportunity for a 3-star Fairfield Inn & Suites by Marriott hotel in Farmingdale, New York. The site, located in Nassau County on Long Island, is strategically positioned near the intersection of routes 109 and 110, close to Republic Airport. The project includes ownership of a land plot designated for hotel construction, a master plan, and readiness to commence building. The plot requires demolition of existing structures and spans 60,984 SQFT (1.4 acres), with 47,596 SQFT allocated for the hotel's covered area. Crucially, all required documents for hotel construction, including Zoning, City, and Federal Aviation approvals, have been duly approved by authorities. The planned 4-story building will feature 84 rooms, accommodating approximately 150 people. The owner has already paid the $75K Fairfield franchise application fee and the project is eligible for property and sales tax exemptions from local Industrial Development Agencies. Next steps include completing architectural drawings (80% complete), obtaining construction permits, securing a construction loan, and starting construction. This is a shovel-ready project with significant approvals in place.