DealStream Logo

No photo available

Details - Information last confirmed on April 15, 2021

Long Island (NY) 60 Room high-grossing independent motel located on 70,000 vehicles per day main thoroughfare near JFK airport. Property size is 2.4 acres of which 1 acre is vacant land. Motel grosses $1.3 Million/year with a NOI of appx. $600,000. Zoning in place for a high-end hotel like Fairfield Marriott. Low property taxes ($63,000/year). ADR currently $131/night. High-end hotel ADR at least $299/night. Very friendly township for hotel development. JFK airport only 20 minutes away. Sale Price $6,800,000

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Already a DealStream member? .

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.