Saloni Hospitality Sells Hotel At 5418 South Bay Road In North Syracuse For $13.5M

The asset involved in this transaction is a hotel located at 5418 South Bay Road in North Syracuse. The property encompasses a total of 47,844 square feet and features 95 keys. The transaction was completed for a sale price of $13,500,000, which reflects a price per square foot of $282 and a price per key of $142,105.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $13,500,000
• Square Footage: 47,844
• Price per Square Foot: $282
• Keys: 95
• Price per Key: $142,105
• Seller: Saloni Hospitality - Arun Goyal
• Brokers: Arjun Sheth & Anudeep Gosal - Besen Partners
• Date of Sale: 3/18/2026

In this transaction, Arun Goyal represented Saloni Hospitality as the seller. The brokerage team of Arjun Sheth and Anudeep Gosal from Besen Partners facilitated the deal, ensuring a successful transaction process. Their involvement played a critical role in bringing the parties together.