Bayrock Capital Acquires Wyndham Garden Long Island City Hotel In $23.98M Deal

Bayrock Capital, represented by Marc Glassman of Bayrock Capital, has acquired the 128-room Wyndham Garden Long Island City hotel in Queens, N.Y., for $23.98 million. The hotel is located at 44-29 9th Avenue in the Long Island City market. The transaction was completed with an affiliate of Premium Capital New York Inc.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $23,980,000
• Address: 44-29 9th Avenue - Wyndham Garden Long Island City
• Market: Long Island City

Bayrock Capital, headed by Marc Glassman, acquired the 128-room Wyndham Garden Long Island City hotel for $23.98 million from an affiliate of Premium Capital New York Inc.