{"id":245,"date":"2025-06-23T22:39:13","date_gmt":"2025-06-23T22:39:13","guid":{"rendered":"https:\/\/insaatsirketleri.com.tr\/en\/?p=245"},"modified":"2025-07-10T02:42:25","modified_gmt":"2025-07-10T02:42:25","slug":"4-star-hotels-for-sale-in-new-york-ny","status":"publish","type":"post","link":"https:\/\/insaatsirketleri.com.tr\/en\/4-star-hotels-for-sale-in-new-york-ny\/","title":{"rendered":"4-Star Hotels for Sale in New York, NY"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n\n\n\n<p>Finding specific 4-star hotels for sale in New York, NY requires access to current real estate listings, which are often off-market or handled discreetly for high-value properties. The provided web results highlight several 4-star hotel listings and market insights, primarily in New York City, which I\u2019ve summarized below. Note that 4-star hotels are defined by quality ratings (e.g., Forbes Travel Guide, AAA, or guest reviews) and typically offer upscale amenities like on-site restaurants, fitness centers, and prime locations.<\/p>\n\n\n\n<p><strong>Current Listings and Examples<\/strong><\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>4-Star Hotel Near Central Park, Manhattan<\/strong> (Off-Market)\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: A 4-star hotel with 228 keys (33 suites, 196 standard rooms), built 4 years ago, non-union. Located near Central Park, this property is priced at $238 million + 4% buyer fees. The listing is highly discreet, requiring an NDA, buyer\u2019s bio, and proof of funds (POF) for full details.<\/li>\n\n\n\n<li><strong>Source<\/strong>: DealStream<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: This is a prime example of a luxury 4-star hotel in a high-demand Manhattan location, ideal for investors seeking upscale properties.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Four Points Sheraton, NYC (Distressed Sale)<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: A 4-star branded hotel, completely renovated in the early 2000s. Originally purchased for $134 million, it\u2019s now listed for $59.5 million + 3% buyer fees. Requires NDA, POF, and bio for further information.<\/li>\n\n\n\n<li><strong>Source<\/strong>: DealStream<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: This distressed sale offers a significant discount, appealing to investors looking for value-add opportunities in NYC.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Midtown Manhattan Marriott Branded Hotel<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: A 3-star Marriott-branded hotel with 92 rooms, located in the heart of Midtown Manhattan, non-union. Priced at $45 million. While listed as 3-star, its location and branding suggest it may approach 4-star quality with upgrades.<\/li>\n\n\n\n<li><strong>Source<\/strong>: DealStream<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: This property could be a candidate for rebranding or renovation to achieve 4-star status, given its prime location.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Two Boutique Luxury Hotels in Midtown South<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: Two boutique hotels, union-operated, with 199 rooms ($75 million) and 122 rooms ($58 million). These can be sold as a portfolio or separately. While not explicitly 4-star, their luxury designation and Midtown location suggest they may meet 4-star standards. NDA, POF, and bio required.<\/li>\n\n\n\n<li><strong>Source<\/strong>: DealStream<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: These properties cater to investors interested in boutique, upscale hotels in a competitive NYC market.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Staten Island 4-Star Hotel<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: A 4-star hotel with 38+ rooms (10 stories) priced at $21.25 million, with a gross income of $2.53 million, expenses of $1.18 million, and a net income of $1.35 million (6.0% cap rate, 90.02% occupancy). Another property with 55+ rooms (15 stories) is also listed at $21.25 million, with a gross income of $3.47 million, expenses of $1.92 million, and 87% occupancy.<\/li>\n\n\n\n<li><strong>Source<\/strong>: DealStream<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: These smaller 4-star hotels in Staten Island offer strong financials and are closer to business and leisure areas like the Staten Island Ferry and Newark Airport.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Midtown Manhattan Hotel (LoopNet Listing)<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Details<\/strong>: A hotel in New York, NY 10016, with 90 rooms, 35,778 SF, priced at $45 million. While not explicitly 4-star, its Midtown location and size suggest it could be in the upscale category.<\/li>\n\n\n\n<li><strong>Source<\/strong>: LoopNet<\/li>\n\n\n\n<li><strong>Relevance<\/strong>: This listing aligns with the high-value, centrally located properties typical of 4-star hotels in NYC.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p><strong>How to Find More 4-Star Hotels for Sale in New York, NY<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Commercial Real Estate Platforms<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>LoopNet (www.loopnet.com) (www.loopnet.com)<\/strong>: Lists 65 hotels for sale in New York, including 15 in NYC. Filter for upscale properties in Manhattan or Brooklyn to find 4-star candidates. Example: A 90-room hotel in Midtown for $45 million.<\/li>\n\n\n\n<li><strong>Crexi (www.crexi.com) (www.crexi.com)<\/strong>: Offers detailed listings with photos and financials. Search for hotels in NYC with amenities like restaurants or spas to identify 4-star properties.<\/li>\n\n\n\n<li><strong>DealStream (www.dealstream.com) (www.dealstream.com)<\/strong>: Specializes in off-market and luxury hotel sales. Many 4-star listings (e.g., Central Park hotel for $238 million) require NDAs and POF.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Specialized Brokers<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>CBRE Hotels &amp; Hospitality Group<\/strong>: Handles high-value hotel sales in NYC, including 4-star properties. Contact for off-market listings.<\/li>\n\n\n\n<li><strong>Newmark<\/strong>: Known for luxury hotel sales (e.g., The Pierre), they can provide access to 4-star hotel deals.<\/li>\n\n\n\n<li><strong>JLL Hotels &amp; Hospitality<\/strong>: Offers expertise in NYC\u2019s hospitality market, ideal for discreet 4-star sales.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Local Real Estate Agents<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Agents like those at <strong>Cushman &amp; Wakefield<\/strong> or <strong>Hilco Real Estate Sales (hilcorealestatesales.com)<\/strong> can connect you with hotel listings, including distressed or off-market properties.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Business-for-Sale Platforms<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>BizBuySell (www.bizbuysell.com) (www.bizbuysell.com)<\/strong>: Lists 14 hotels for sale in New York, including boutique properties that may qualify as 4-star. Example: A 10-room boutique resort in Wilmington, NY, for $1.475 million.<\/li>\n\n\n\n<li><strong>BusinessesForSale.com<\/strong>: Features 8 hotels for sale in NY, some of which may be upscale.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Market Insights for 4-Star Hotels in New York, NY<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pricing<\/strong>: 4-star hotels in NYC range from $21.25 million (smaller Staten Island properties) to $238 million (Central Park-adjacent hotels). Larger portfolios or distressed sales (e.g., Four Points Sheraton at $59.5 million) offer diverse investment options.<\/li>\n\n\n\n<li><strong>Cap Rates<\/strong>: Typical cap rates for NYC hotels are around 6.0\u20138.5%, as seen in the Staten Island listings (6.0%) and other value-add properties.<\/li>\n\n\n\n<li><strong>Occupancy<\/strong>: High occupancy rates (87\u201390%) are common for 4-star hotels in prime locations like Manhattan or Staten Island, driven by tourism and business travel.<\/li>\n\n\n\n<li><strong>Amenities<\/strong>: 4-star hotels typically feature on-site restaurants, fitness centers, and premium locations near landmarks like Times Square, Central Park, or Broadway.<\/li>\n\n\n\n<li><strong>Challenges<\/strong>: Many listings are off-market, requiring NDAs, POF, and buyer bios. High prices and union operations (in some cases) may impact profitability.<\/li>\n<\/ul>\n\n\n\n<p><strong>Notable Trends<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Distressed Sales<\/strong>: Post-pandemic, some 4-star hotels (e.g., Four Points Sheraton) are listed at significant discounts, offering value-add opportunities.<\/li>\n\n\n\n<li><strong>Boutique Hotels<\/strong>: Smaller, upscale properties in Midtown South or Brooklyn are gaining traction, appealing to investors seeking unique assets.<\/li>\n\n\n\n<li><strong>Tourism Demand<\/strong>: NYC\u2019s 60 million annual visitors drive demand for 4-star hotels, especially in Manhattan near Times Square or Central Park.<\/li>\n<\/ul>\n\n\n\n<p><strong>Recommendations<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>For Manhattan<\/strong>: Focus on off-market listings through brokers like CBRE or Newmark. The $238 million Central Park hotel or $59.5 million Four Points Sheraton are strong candidates.<\/li>\n\n\n\n<li><strong>For Budget-Conscious Investors<\/strong>: Consider Staten Island properties at $21.25 million with solid financials or smaller boutique hotels in Upstate NY (e.g., Wilmington for $1.475 million).<\/li>\n\n\n\n<li><strong>Next Steps<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Sign up for alerts on <strong>LoopNet<\/strong>, <strong>Crexi<\/strong>, or <strong>DealStream<\/strong> to get new 4-star hotel listings.<\/li>\n\n\n\n<li>Contact brokers with POF ready to access off-market deals.<\/li>\n\n\n\n<li>Specify preferences (e.g., Manhattan vs. Brooklyn, branded vs. boutique) for tailored results.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Clarification on Location<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Assumed New York, NY<\/strong>: Based on your query and the provided search results, I focused on New York, NY (primarily NYC). If you meant <strong>Nevada<\/strong> or another location (e.g., New York, NV, or Newark, NJ), please clarify.<\/li>\n\n\n\n<li><strong>If You Meant Nevada<\/strong>: No specific 4-star hotel listings were found in Nevada, but Las Vegas properties (e.g., condo-hotels like Palms Place or boutique hotels) could qualify. I can search further for Nevada-specific listings.<\/li>\n\n\n\n<li><strong>If You Meant Newark, NJ<\/strong>: The previous response noted no 4-star hotels for sale in Newark, NJ, but off-market deals may exist. DealStream mentions 4-5 star hotels in NJ for $5\u2013300 million, requiring NDAs.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Location<\/strong>: Manhattan, Brooklyn, Upstate NY, or elsewhere?<\/li>\n\n\n\n<li><strong>Budget<\/strong>: E.g., under $50 million or higher?<\/li>\n\n\n\n<li><strong>Type<\/strong>: Branded (e.g., Marriott), boutique, or distressed?<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finding specific 4-star hotels for sale in New York, NY requires access to current real estate listings, which are often off-market or handled discreetly for high-value properties. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-245","post","type-post","status-publish","format-standard","hentry","category-hotels","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/posts\/245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/comments?post=245"}],"version-history":[{"count":1,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/posts\/245\/revisions"}],"predecessor-version":[{"id":246,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/posts\/245\/revisions\/246"}],"wp:attachment":[{"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/media?parent=245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/categories?post=245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insaatsirketleri.com.tr\/en\/wp-json\/wp\/v2\/tags?post=245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}