Ben-Josef Group Holdings Acquires Lambs Club Building Hotel In Midtown Manhattan For $53.2M
130 West 44th Street
$53,200,000
$705/SF
Building Size
75,421 SF
Asset Type
Hotel
Closing
Oct 10, 2025
AI
A hotel property located at 130 West 44th Street in Midtown West, Manhattan has been sold for $53,200,000. The building comprises a total square footage of 75,421, with a building size factor of 76,560, resulting in a price per square foot of $705 and a price per building size factor of $695.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: $53,200,000
- Address: 130 West 44th Street
- Market: Midtown West, Manhattan
- Buyer: Ben-Josef Group Holdings
- Seller: Adams Hotels International LLC
Ben-Josef Group Holdings has acquired the ground lease for the Lambs Club Building, further establishing a significant presence in the hospitality sector within Midtown Manhattan.
Players
New York Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93