Care For The Homeless Acquires Hotel In Chinatown For $16.5M | 91 East Broadway | Guthrie Garvin | Hotel | Sale

Summary

Sale

NEW YORK

Hotel

38 sqft

A hotel located at 91 East Broadway in Chinatown has been sold for $16,500,000. The property has a total area of 38,961 square feet, resulting in a price per square foot of $424. The sale took place on December 29, 2022.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $16,500,000
Address: 91 East Broadway
Market: Chinatown

George Nashak, representing Care For the Homeless, acted as the buyer in the transaction. The seller was Glenn Lau-Kee. The deal was facilitated by Guthrie Garvin from JLL.

Players

All
2

Agents
1
Agencies
1

Guthrie Garvin

Managing Director

$527.4M Sold

JLL

Details

Deal Summary

SOLD

IMAGE: George Nashak & Guthrie Garvin DATE: 12/29/2022 ADDRESS: 91 East Broadway MARKET: Chinatown ASSET TYPE: Hotel BUYER: Care For the Homeless (@_cfhnyc) - George Nashak SELLER: Glenn Lau-Kee BROKER: Guthrie Garvin (@GuthrieGarvin) - JLL (@JLL) SALE PRICE: $16,500,000 SF: 38,961 ~ PPSF: $424

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Address91 East Broadway

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