SOLD
Sailesh Gandhi Purchases Syosset Hotel From Jeffrey Goldstein For $14M
24 Oak Drive
Hotel
48,000 SF
48,000 SF
Sold 35 days ago
Summary
Sale
NEW YORK
Hotel
48,000 sqft
The hotel located at 24 Oak Drive in Syosset was sold for $14,000,000. Spanning 48,000 square feet, the property was purchased at a price per square foot of $292. The transaction took place on 03/27/2024 with Sailesh Gandhi buying from Jeffrey Goldstein. The seller was represented by Charles Chang from Highcap Group.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $14,000,000
- Address: 24 Oak Drive
- Market: Syosset
- Buyer: Sailesh Gandhi
- Seller: Jeffrey Goldstein
- Broker: Charles Chang - Highcap Group
- SF: 48,000
- PPSF: $292
With a total of 82 keys, the hotel was sold at a rate of $170,700 per key, as noted by the broker involved in the deal.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Charles Chang
DATE: 03/27/2024
ADDRESS: 24 Oak Drive
MARKET: Syosset
ASSET TYPE: Hotel
BUYER: Sailesh Gandhi
SELLER: Jeffrey Goldstein
BROKER: Charles Chang (@CharlesChang_Highcap) - Highcap Group (@Highcap_Group)
SALE PRICE: $14,000,000
SF: 48,000 ~ PPSF: $292
NOTE FROM BROKER:
82 keys (sold at $170,700/key)View on map
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Address24 Oak Drive
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