Sono Hospitality Group Acquires Hotel In New York For $60M

Located at 33 Peck Slip in New York, this hotel property has recently been sold in a transaction completed on January 16, 2023. The asset, a hotel, was sold for a total price of $60,000,000. With a total of 66 keys, the price per key (PPK) comes out to be $909,091. The property was acquired by Sono Hospitality Group from the Ghassemieh Family, represented by Bob Ghassemieh. The deal was facilitated by Jeffery Davis from JLL.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $60,000,000
• Address: 33 Peck Slip
• Market: New York

The buyer, Sono Hospitality Group, acquired the hotel property from the seller, the Ghassemieh Family, represented by Bob Ghassemieh. The transaction was facilitated by Jeffery Davis from JLL.