Three-star hotel in Manhattan.
The hotel room capacity: 37 rooms.
There is a possibility to sign a new lease contract.
The current yield of 4.0%.
Location and nearby infrastructure
The property is located in Lower Manhattan, in SoHo. Its picturesque narrow streets are filled with a variety of trendy cafes, designer boutiques such as Rag & Bone, Vince, Sandro and the city's main department stores.
SoHo is the center of culture, art and recreation. There are art galleries, museums, nightclubs and bars here.
The area is also attractive for business travelers, as it is close to the Financial District, including the New York Stock Exchange, the Federal Reserve Bank of New York, the Federal Hall National Memorial and Wall Street.