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Tuscany by LuxUrban 120 E 39th St 124 Room Hotel New York, NY 10016 For Sale
Investment Highlights
- 16-story historic luxury hotel property originally built in 1928, modernized with significant renovations completed in 2008.
- Within close proximity to major transportation hubs and airports, including LaGuardia (8.7 miles), JFK International (16.6 miles), and Newark Liberty.
- The building encompasses approximately 88,463 square feet with 145 hotel units, situated on a 0.18-acre lot in the Murray Hill neighborhood.
- Positioned in Midtown South, experiencing steady population and household growth with strong income demographics.
Property Facts
| Sale Type | Investment | Building Size | 88,463 SF |
| Sale Condition | Redevelopment Project | No. Rooms | 124 |
| Property Type | Hospitality | No. Stories | 17 |
| Property Subtype | Hotel | Year Built/Renovated | 1928/2012 |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.18 AC | ||
| Zoning | R8B - High density residential district | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 88,463 SF |
| No. Rooms | 124 |
| No. Stories | 17 |
| Year Built/Renovated | 1928/2012 |
| Corridor | Interior |
| Zoning | R8B - High density residential district |
Amenities
- Business Center
- Shuttle Service
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $1,083 CAD | - |
| Guest Room | 117 | $558.42 CAD | - |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0894-0075 | Improvements Assessment | $7,201,541 CAD |
| Land Assessment | $6,777,741 CAD | Total Assessment | $13,979,282 CAD |
Property Taxes
Parcel Number
0894-0075
Land Assessment
$6,777,741 CAD
Improvements Assessment
$7,201,541 CAD
Total Assessment
$13,979,282 CAD
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Tuscany by LuxUrban | 120 E 39th St
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