Noah Kossoff Of Avison Young Represents Sale Of Senton Hotel In Manhattan For $27.225M
39 West 27th Street
$27,225,000
$1,045/SF
Building Size
26,047 SF
Asset Type
Hotel
Closing
Feb 26, 2026
About this deal
AI
The asset involved in this transaction is the Senton Hotel located at 39 West 27th Street in Manhattan. The hotel has a total square footage of 26,047 and features 70 keys. The sale price was set at $27,225,000, resulting in a price per square foot of $1,045 and a price per key of $388,928.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $27,225,000
- Square Footage: 26,047
- Price per Square Foot: $1,045
- Number of Keys: 70
- Price per Key: $388,928
- Address: 39 West 27th Street
- Market: Manhattan
Noah Kossoff from Avison Young represented the transaction, indicating his role as the broker in this sale of the hotel property.
On the Map
$27,225,000
$1,045/SF
Hotel
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New York Hotel Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93