Auction: March 27-29 (Comfort Inn Midtown West, NY)

Comfort Inn Midtown West, NYThe Property is situated a short walk from Time Square and the Intrepid Museum. The Hotel is located near local tourist attractions such as the amazing food scene of Hell's Kitchen, The Broadway Theater District, the Jacob Javits Convention Center, Port Authority and the wide variety of attractions that New York is known for. The Hotel is conveniently located and makes navigating New York very easy for guests. The property is situated in close proximity to several corporate demand generators. The top tech corridor in the country, known as "Silicon Alley" is located within walking distance to the property. The area has seen a several top tier tech companies migrate there; Microsoft, Yahoo, Oracle, Pandora, LinkedIn, Facebook and Dell to name a few. There is also significant retail development happening just south of the property. The "City within a City" is currently being developed at Hudson Yards. Top retailers Coach, SAP and Time Warner have signed on as anchor tenants. 

The Property is a nine-story, interior corridor hotel which was opened in March 2013. The Hotel has a lobby, reception and breakfast area, and hotel-wide WiFi Internet access. The Property offers 89 nonsmoking guestrooms with king and queen beds that include flat-screen televisions, a large work desk, WiFi Comfort Inn standard amenities are provided in all guestrooms. The Property will be sold free of the Comfort Inn franchise and unencumbered by management.

 Property Highlights:

• 89 non-smoking rooms
• Nine-story, interior corridor building, built in 2013
• Rare fee simple property in New York City
• High quality limited service property
• Will be sold free of the Comfort Inn franchise
• Unencumbered by management
• Near local area businesses such as Microsoft, Yahoo, Oracle, Pandora, LinkedIn, Facebook and Dell

 Due to the inclement weather hitting New York this week we are postponing the tours schedule for the 14th and 15th at the Comfort Inn West Midtown NY. All tours will be rescheduled for the following week on March 21st and 22nd. Please contact Andrew Broad Andrew.broad@avisonyoung.com or Brad Sinclair brad.sinclair@avisonyoung.com to schedule or reschedule your property tour. 

For more information about this investment opportunity, please contact Brad Sinclair, Andrew C Broad, or Joe Jones.

Brad Sinclair Brad: Sinclair@avisonyoung.com or 770.692.1605

Andrew C Broad: andrew.broad@avisonyoung.com or 917-553-4267

Joe Jones: Joe.Jones@avisonyoung.com or 770.692.1605

published: 03-14-2017

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