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548 W 48th St
New York, NY 10036 Hell's Kitchen

Price Upon Request

Hotel For Sale  •  20,383 SF

Property Details

  • Property Type Hotel
  • Total Building Size 20,383 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2013
  • Tenancy Multiple
  • Zoning R8
100 Transit Score
97 Walk Score

Highlights

The Comfort Inn Midtown West is located in the heart of Hell’s Kitchen, surrounded by Times Square, Manhattan Cruise Terminal, and The Javits Center.
Opened in March 2013, the 89-key, non-union Hotel was recently renovated in 2023/2024. It offers guests a contemporary and chic design package.
Option to terminate the franchise agreement at no cost in September 2025 provides the opportunity to rebrand or operate as an independent boutique.
Hyper-efficient, rooms-only design ensures robust margins, with the potential for substantial revenue growth and enhanced profitability.
The Hotel is blocks from Central Park, Columbus Circle, Broadway, The Intrepid Museum, Lincoln Center, and over 80 million SF of office space.
The Comfort Inn presents a highly profitable investment, with strong and consistent cash flow, projected to have a 34.6% NOI margin in 2024.

Amenities

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.3 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 1.6 mi
Transit/SubwayDriveWalkDistance
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 11 min 0.6 mi
49 Street (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
50 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
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)) 3 min 15 min 0.8 mi
Times Square-42 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 19 min - 8.5 mi
Newark Liberty International 20 min - 14.3 mi
John F Kennedy International 29 min - 18.2 mi