American Hospitality Corp Leases Hotel At 44 West 44th Street In Midtown Manhattan | 44 West 44th Street | Dan Shapiro | Hotel | Lease

Summary

Lease

NEW YORK

Hotel

103,000 sqft

The asset involved in the transaction is a hotel located at 44 West 44th Street in Midtown Manhattan. The property spans a total of 103,000 square feet. The lease agreement was between the landlord, MCR Hotels, and the tenant, American Hospitality Corp. The deal was facilitated by brokers Dan Shapiro and David Warren from KSR. The asking rent for the property was $44 per square foot. The total aggregate rent for the lease exceeds $85,000,000.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $85,000,000
Address: 44 West 44th Street
Market: Midtown Manhattan
Landlord: MCR Hotels
Tenant: American Hospitality Corp
Broker: Dan Shapiro & David Warren - KSR
Asking Rent: $44/ft
Square Footage: 103,000

Please reach out to us for any other hospitality or NYC opportunities.

Players

All
2

Agents
1
Agencies
1

Dan Shapiro

Sales Manager

$100.9M Sold

Kassin Sabbagh Realty

Details

Deal Summary

LEASED

IMAGE: Dan Shapiro & David Warren DATE: 12/01/2023 ADDRESS: 44 West 44th Street MARKET: Midtown Manhattan ASSET TYPE: Hotel LANDLORD: MCR Hotels TENANT: American Hospitality Corp BROKER: Dan Shapiro (@DealJunkie__) & David Warren (@DavidWarren1) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $44/ft ~ SF: 103,000 TOTAL AGGREGATE RENT EXCEEDS: $85,000,000 NOTE FROM BROKER: Please reach contact to us for any other hospitality or NYC opportunities

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Address44 West 44th Street

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