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Hotel 46 Times Square 129 W 46th St 79 Room Hotel New York, NY 10036 For Sale
Investment Highlights
- Ideally Located in Times Square
- Surrounded By Diverse Demand Generators
- Fee Simple & Fully Unencumbered
- Exceptional Supply & Demand Dynamics
Executive Summary
CBRE Hotels ("CBRE"), in its capacity as exclusive advisor to W Financial REIT, Ltd. (the "Owner"), is pleased to present for sale Hotel 46 Times Square
(the "Hotel" or "Property"), located at 129 West 46th Street, New York, NY. Situated in the heart of Times Square, New York City's most iconic and high-traffic destination, the Property offers the rare opportunity to acquire a fully unencumbered, fee-simple Hotel in the epicenter of New York City.
The 79-key Hotel is within walking distance of Bryant Park, Rockefeller Center, and Grand Central Terminal, offering unmatched connectivity for both corporate and leisure travelers. Delivered free of brand and management obligations, the Property affords a new owner complete flexibility to implement their preferred operating strategy, a distinct advantage that is increasingly difficult to find in Manhattan's tightly constrained lodging market.
(the "Hotel" or "Property"), located at 129 West 46th Street, New York, NY. Situated in the heart of Times Square, New York City's most iconic and high-traffic destination, the Property offers the rare opportunity to acquire a fully unencumbered, fee-simple Hotel in the epicenter of New York City.
The 79-key Hotel is within walking distance of Bryant Park, Rockefeller Center, and Grand Central Terminal, offering unmatched connectivity for both corporate and leisure travelers. Delivered free of brand and management obligations, the Property affords a new owner complete flexibility to implement their preferred operating strategy, a distinct advantage that is increasingly difficult to find in Manhattan's tightly constrained lodging market.
Property Facts
| Sale Type | Investment | No. Rooms | 79 |
| Property Type | Hospitality | No. Stories | 9 |
| Property Subtype | Hotel | Year Built/Renovated | 1902/2009 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.09 AC | Corridor | Interior |
| Building Size | 27,250 SF | ||
| Zoning | C6-5.5 - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 27,250 SF |
| No. Rooms | 79 |
| No. Stories | 9 |
| Year Built/Renovated | 1902/2009 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | C6-5.5 - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 79 | $347.98 CAD | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 0999-0017 | Improvements Assessment | $2,336,886 CAD |
| Land Assessment | $4,000,464 CAD | Total Assessment | $6,337,350 CAD |
Property Taxes
Parcel Number
0999-0017
Land Assessment
$4,000,464 CAD
Improvements Assessment
$2,336,886 CAD
Total Assessment
$6,337,350 CAD
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Hotel 46 Times Square | 129 W 46th St
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