153-95 Rockaway Blvd

    Jamaica, NY 11434
    • $18,500,000
    • STATUS: Active
    • ON SITE: 109 days
    • MLS #: 3150384
    UPDATED: 21 min ago
    $18,500,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,193
      SQFT
    • $834
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    2000
    County:
    Area:

    School Ratings & Info

    Description

    The OYO Hotel is conveniently located off the Belt Parkway with easy access to the excitement of NYC. Min. from John F. Kennedy International Airport (JFK) and it offers free shuttle service to and from the airport. Experience The Big Apple and its many delights! 72 units and 21 parking spaces, Built in 2000, Fully renovated in 2015, 80% occupancy, NOI $1,487,017 in 2018 with Cap rate of 8% .Since operating under OYO, loyalty fee has been decreased by 5% yearly, which produced higher cap rate

    Monthly Payment Calculator



    Information © 2019 Multiple Listing Service of Long Island, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple Listing Service of Long Island, Inc. Real estate listings held by brokerage firms other than RE/MAX Edge are marked with the MLS-approved Broker Reciprocity (BRS) logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-11-12T15:50:43.633.
    www.remaxedgeny.com/homes/97269132

    153-95 Rockaway Blvd Jamaica, NY 11434

    • Price: $18,500,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 3150384
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    22,193
    SQFT
    $834
    $/SQFT
    2000
    Built
    Neighborhood:
    Queens
    County:
    Queens
    Area:
    Queens
    Property Description
    The OYO Hotel is conveniently located off the Belt Parkway with easy access to the excitement of NYC. Min. from John F. Kennedy International Airport (JFK) and it offers free shuttle service to and from the airport. Experience The Big Apple and its many delights! 72 units and 21 parking spaces, Built in 2000, Fully renovated in 2015, 80% occupancy, NOI $1,487,017 in 2018 with Cap rate of 8% .Since operating under OYO, loyalty fee has been decreased by 5% yearly, which produced higher cap rate
    Exterior Features

    Lot Size 120X131 Style Comm/Ind Waterfront No Waterview No

    Interior Features

    Air Conditioning Y

    Property Features

    Business Age 19 Business Type Motel/Hotel Green Features N Property Type Free St Bldg REO No Short Sale No Taxes 172541.00 Taxes Total 172541.00 Temporarily Off Market No Type Of Sale Prop+Bus Vacancy Percent 20 Zoning R3-1C2-2

    Listing information © 2019 Multiple Listing Service of Long Island, Inc.
    Listing courtesy of Compass Greater Ny Llc.



    Information © 2019 Multiple Listing Service of Long Island, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple Listing Service of Long Island, Inc. Real estate listings held by brokerage firms other than RE/MAX Edge are marked with the MLS-approved Broker Reciprocity (BRS) logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-11-12T15:50:43.633.
     
    RE/MAX Edge
    1812 Bath Ave
    Brooklyn NY, 11214