The Washington Hotel
Financial District, Manhattan
Hotel
The Washington Hotel
Corner of Washington & Albany Streets
Listing Details
Listing Type
Hotel
Total SF
143,281 SF
Asking Price
$105,000,000
Listing Details
FULL OM WITH FINANCIALS CAN BE SENT UPON REQUEST
The Washington Hotel, 8 Albany Street at the corner of Washington Street is an architectural gem standing tall in the heart of Lower Manhattan’s Financial District, offers unparalleled panoramic views of the bustling urban landscape. Erected in 2010, The Hotel area comprises a portion of the basement and ground floor, and floors 2-22 of the building. The Hotel contains 217 guest rooms and 11,118± square feet of leasable retail area within 143,281± square feet of gross building area.
The offering includes rights to the existence of a lease(s), hotel Lobby bar/restaurant retail condominium unit, a mezzanine level for dining, events with plenty outdoor seating on ground floor for F&B.
• $50M Liberty Bond Enhancement that run with the site and are transferable. A unique value proposition of the transaction, including the assumable benefits of the sub 3% Liberty Bonds maturing in October, 2042
• Opportunity to Acquire a Luxury Hotel in the Heart of the transformed Financial District
• Offered Fully Unencumbered of Both Management and affiliation
• Prominent Downtown Location with magnificent Panoramic views
• Fee Simple Real Estate with Unparalleled Optionality
• Leased Food and Beverage Operations
• Irreplaceable Live/Work/Play Location at the Crossroads of Lower and Midtown
• Located in One of the Premier upscale luxury Hotel, Residential and Retail Markets in the World
• Significant ROI Opportunities
Available Spaces
217 Guest Rooms
143,281 SF
Location Details
Neighborhood
Financial District
Transportation
1, R, W, 4, 5, A, C, E, J, Z, PATH
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