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510 W 42nd St
New York, NY 10036 Midtown West

$17,000,000 USD

Hotel For Sale  •  78,333 SF

Property Details

  • Property Type Hotel
  • Total Building Size 78,333 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 1960
  • Zoning C6-4
100 Transit Score
97 Walk Score

Highlights

105 -key boutique hotel in Manhattan’s premier growth corridor
Expansion upside with potential to add additional guestrooms & floors
Flexible event, restaurant, and retail spaces for diversified income
Brand affiliation opportunity with Unscripted by Hyatt for global distribution
Strong RevPAR trajectory supported by increasing demand
Steps from Central Park, Broadway, and high-end dining and retail

Property Flyers

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Ny Moynihan Train Hall At Penn Station (Crescent - Amtrak, Ethan Allen Express - Amtrak, Keystone Service - Amtrak, Lake Shore Limited - Amtrak, Northeast Regional - Amtrak) 3 min 17 min 0.9 mi
New York Penn Station (Njt) (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Montclair-Boonton Line - Long Island Rail Road, Morris & Essex Gladstone Branch - Long Island Rail Road, Morris & Essex Morristown Line - Long Island Rail Road, North Jersey Coast Line - Long Island Rail Road, Northeast Corridor Line - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 20 min 1.0 mi
Transit/SubwayDriveWalkDistance
42 Street-Port Authority Bus Terminal (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
34 St-Hudson Yards (7 - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Times Sq-42 St (Broadway Express - Q - MTA New York City Transit, Broadway Local - N - MTA New York City Transit, Broadway Local - R - MTA New York City Transit, Broadway Local - W - MTA New York City Transit) 2 min 12 min 0.7 mi
34 Street-Penn Station (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 2 min 14 min 0.8 mi
50 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 19 min - 8.7 mi
Newark Liberty International 18 min - 13.6 mi
John F Kennedy International 27 min - 17.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Mitchell B Muroff, Esq. 617-610-7774 Muroff Hospitality Group
Mitchell B Muroff, Esq. 617-610-7774 Muroff Hospitality Group