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39 West 27th Street

Noah Kossoff Of Avison Young Represents Sale Of Senton Hotel In Manhattan For $27.225M
SOLDHotel

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

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.

Players

Noah Kossoff

Avison Young

Broker

$385.1M

vol

35 deals

Broker

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

0.58%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93