Available Units
Property Description
The investors/buyers needs to understand that this is a LANDMARK VACANT HOTEL that was closed when Covid-19 hit the city in the spring of 2020 and it was not re-opened, after the all clear was given. I imagine insurance money had something to do with it. The bank foreclosed and this asset is a BANK REO. The selling price is listed at $44,500,000 which is a ridiculous low price considering the amount of money that was invested into the hotel Pre-Covid-19. The current market value is around $65,000,000.
Address: 19 West 31st Street, New York, NY, USA
City: New York
Area: HERALD SQUARE
State/County: New York
Zip: 10001
Country: United States
Property Id: 19402
Price: $ 44,500,000
Property Size: 0 ft2
Property Lot Size: 0 ft2
Rooms: 86
Bedrooms: 86
Bathrooms: 0
Year Built: 1883
External Construction: Br
Structure Type: brick
Floors No: 8
wine cellar
basketball court
balcony
laundry
doorman
