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LNR Partners LLC.  PROPERTIES FOR SALE

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PROPERTY LOCATION
Gallivant Times Square
234 West 48th Street
New York, New York 10036
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PROPERTY SUMMARY
Type: Lodging
Class:
Price: Contact Broker   Auction
Measurement/Yardstick: 334 Rooms
Number of Buildings: 1
Number of Floors: 16
Occupancy: 74%
Year Built: 1927
Year Renovated: 2000
PROPERTY DESCRIPTION
The subject is a 334-room, full service hotel (repositioned from limited service) located in Times Square on W 48th Street, between Broadway and 8th Avenue. Since 2000, $7.6MM has been invested in the property. The hotel supports 2 newly renovated restaurants with room service, operated by a 3rd party operator for $204K/year. No on-site gym or meeting space.
Gallivant Times Square

For more information contact  

Jeffrey Davis
Jones Lang LaSalle Americas, Inc.
jeffrey.davis@am.jll.com
Tel: 212-812-5962
http://www.jll.com


Any information that may be provided by LNR Partners, LLC. under this “General Property Information” is for informational purposes only and is subject to change at any time without notice at the sole and absolute discretion of LNR Partners, LLC. This is not to be construed as an offer, commitment or promise of any kind by LNR Partners, LLC. Please contact the appropriate individual referred to above for more information on this property. The information provided herein has been obtained from third party sources. While LNR Partners, LLC. has no reason or basis to doubt the accuracy of such information, LNR Partners, LLC. makes no guarantee, covenant, warranty or representation about its accuracy and disclaims any liability with respect thereto. It is your responsibility to confirm that this information is accurate and complete.

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