facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Hotel

/

Sale

/

132 West 27th Street

Gabriel Escarrer Jaume Of Meliá Hotels International Acquires Hotel From Barry Gurvitch For $203M
SOLDHotel

Gabriel Escarrer Jaume Of Meliá Hotels International Acquires Hotel From Barry Gurvitch For $203M

132 West 27th Street, 132-142 West 27th Street, New York, Ny 10001 & 142 West 27th Street

$203,000,000

Building Size

Asset Type

Hotel

Closing

Jun 8, 2026

AI

The property involved in this transaction is the Innside by Meliá New York NoMad hotel, featuring 313 keys and located at 132-142 West 27th Street in Manhattan’s NoMad neighborhood. The property was sold for $203 million, with a price per key calculated at $648,562.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $203,000,000
  • Address: 132-142 West 27th Street
  • Market: Manhattan
  • Number of Keys: 313
  • Price per Key: $648,562
  • Buyer: Gabriel Escarrer Jaume - Meliá Hotels International
  • Seller: Barry Gurvitch - Artimus Construction

The transaction was facilitated by Artimus Construction, which is led by Eytan Benyamin, showcasing the involvement of prominent stakeholders in the hospitality industry.

Players

AC
Artimus ConstructionSeller

New York Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.08%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93