Public listing · BizBuySell

2 Established Hotels on Same Lot, Queens, NY for sale in Flushing, NY · $59,900,000

Flushing, NY·Other

Asking price
$59,900,000
Cash flow
$4,650,000SDE
Revenue
Multiple
12.88x
CoC preview
-7.4%

Soft estimate · 30% down · 7.5% · 10yr

DSCR preview
0.78x

Same assumptions · not a Desk underwrite

Source · BizBuySell

Overview

THIS SELLER WILL ONLY SPEAK WITH BUYERS WHO ALREADY OWN OR HAVE SUCCESSFULLY PURCHASED HOTELS IN THE PAST. This is a highly discreet listing for TWO hotels being sold together. This listing is for...

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