Hospitality
New York County, NY
Financial summary
Comparable pricing
Limited comparables for this listing. No reliable benchmark yet.
Methodology refines over time.
SBA financeability
Businesses in accommodation are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Accommodation benchmarks
Typical SBA leverage
76%
Industry charge-off
0.2%
Common term
25 yr
Median loan
$2,010,000
Active lenders in this category: GBank, Readycap Lending, LLC, Peoples Bank.
Based on 6,430 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
$220,000,000 for New York, New York Times Square Branded Hotel Business & Property. THE HOTEL FEATURES WELL-APPOINTED, LUXURIOUS ROOMS. THIS HOTEL IS LOCATED MINUTES AWAY FROM TIMES SQUARE, PLACING THE GUEST STEPS AWAY FROM MADISON SQUARE GARDENS AND CENTRAL PARK. END BUYER'S ONLY. IF INTERESTED, PLEASE SUBMIT AN NDA, POF, AND AN LOI. NO EXCEPTIONS. SUMMARY DETAILS HOTEL CLASS: 4- STAR CLASS A ROOMS/KEYS: 330 REVENUE: 26MM NET OPERATING NOI: 14MM PROJECT HIGHLIGHTS: 17MM BY 2026 PRICE PER KEY: 500k OCCUPANCY 92-95 % AVERAGE DAILY: 380.00 PRIME ROOM'S REVENUE: 700.00 + PER NIGHT ANNUAL REVENUE PER ROOM 45K UNION STATUS: (NON-UNION PROPERTY) EVENTS SPACE AND GATHERING FACILITIES CENTRALLY LOCATED NEAR RESTAURANTS, ENTERTAINMENT, SHOPPING, AND MAJOR INTERSECTIONS. The hotel property features all basic services for a Property of this type and offers amenities such as an indoor pool, whirlpool, fitness room, business center, and more. The rooms are located off the interior corridors. There are many local businesses and other demand generators in the area. The hotel's neighborhood primarily comprises a variety of commercial, retail, and leisure/entertainment uses. Please “do not disturb the employees” and call The Saleh Group for more information and showings, or visit us online.
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