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Flushing Garden Hotel 31-16 Linden Pl

30 Room Hotel Flushing, NY 11354 £8,284,500 (£276,150/Room)

Investment Highlights

  • Situated in Flushing, Queens, near Whitestone Expressway and 678 highway, providing excellent connectivity.
  • Located near high-traffic businesses such as Stop & Shop, McDonald's, and Wendy's, ensuring a steady stream of potential customers.
  • Zoned M1-1, suitable for a variety of commercial uses.
  • Positioned as an economic hotel, providing affordable accommodation options in a high-demand area.
  • Convenient parking available for guests, a significant advantage in the busy Flushing area.
  • Just 3.5 miles from LaGuardia Airport, 1 mile from Mets Citi Field, and close to Flushing Main Street station.

Executive Summary

This exceptional investment opportunity at 31-16 Linden Place in Flushing, Queens, New York, offers a prime 5-story boutique hotel featuring 30 rooms and on-site parking, positioned on a 6,250 SF lot with a building size of 14,786 SF. This property is strategically located near the Whitestone Expressway and 678 highway, providing seamless access to LaGuardia Airport, Mets Citi Field, and Flushing Main Street station. The hotel's proximity to high-traffic businesses like Stop & Shop, McDonald's, and Wendy's ensures a steady flow of customers, making it a highly attractive asset for hospitality investors. With a 3-star rating, the hotel combines cost-effective amenities with a prime location, promising strong returns and significant appreciation potential in a rapidly growing area. The high visibility and accessibility make it an ideal choice for investors seeking a stable and lucrative venture in the hospitality sector.

Property Facts

Price £8,284,500
Price Per Room £276,150
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.14 AC
Building Size 14,786 SF
No. Rooms 30
Number of Floors 5
Year Built 2023
Parking Ratio 0.27/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 30 £155.43 -
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04408-0037
Land Assessment
£222,190
Improvements Assessment
£1,036,601
Total Assessment
£1,258,792

zoning

Zoning Code M1-1
M1-1
  • Listing ID: 32893104

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 31-16 Linden Pl, Flushing, NY 11354

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