For Sale

Listing Provided by B Square Realty Inc

38-58 12th Street,
Long Island City, NY 11101

$15,000,000

0.07

Acres

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Introducing the Mayflower Boutique Hotel, located in the heart of Long Island City. This 9-floor, 50-room hotel spans a 2,975 SF lot with an 18,682 SF building, offers an array of amenities including a coffee shop/caf?, business center, daily housekeeping, self-parking, terrace, air conditioning, luggage storage, limited-hour front desk, tour/ticket assistance, and free WiFi. Guests can enjoy breathtaking views of the iconic Manhattan skyline and the East River. The property benefits from a 25-year ICAP tax abatement ending in 2044, ensuring significant advantages. Surrounded by cultural hotspots such as the Noguchi Museum, MoMA PS1, and Queensbridge Park, as well as numerous dining options from high-end restaurants to casual eateries featuring international cuisines, the hotel's location is unbeatable. Additionally, its proximity to LaGuardia Airport (just 4 miles away) and nearby access to the F train at 21st St. Station and the 7/N/W trains at Queensboro Plaza Station offers unparalleled convenience. Guests are only one subway stop away from Midtown Manhattan, providing easy access to major NYC attractions like Times Square, Central Park, and Broadway.

Features of 38-58 12th Street

MLS# 3558828
Price $15,000,000
Total Taxes $19,871
Bathrooms
Lot Square Footage 2,975
Acres 0.07
Year Built 2018
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 38-58 12th Street
City Long Island City
County Queens
State NY
Zip Code 11101

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 9
Has Basement No

Exterior

Construction Brick

Additional Information

Listing Provided Courtesy of: B Square Realty Inc; 646-889-9988

Date Listed June 13th, 2024
Days on Market 30
Zoning M1-3
Short Sale No
RE / Bank Owned No

Offer is made only to participants of the MLS where the listing is filed.

Listing Map

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