SOLD
Manny Chadha Acquires Boutique Hotel In Borough Park, Brooklyn For $6M
1108 60th Street
Other
10,095 SF
10,095 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Other
10,095 sqft
The Boutique Hotel located at 1108 60th St in Borough Park, Brooklyn has been sold for a total price of $6,000,000. The property spans a total of 10,095 square feet and has a price per square foot of $594. It features 26 keys and generates $230,000 in yearly revenue per key.
Summary of transaction details:
- Property Type: Boutique Hotel
- Transaction Amount: $6,000,000
- Address: 1108 60th St, NYC
- Market: Borough Park, Brooklyn
- Square Footage: 10,095
- Price Per Square Foot: $594
- Keys: 26
- Revenue Per Key: $230,000
Manny Chadha has purchased the property from Bao Zhi Liu. The transaction was facilitated by Joe Frasca & Richard DiPietro from Coldwell Banker Commercial.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Manny Chadha ? (@mannyumbrellanyc )
DATE: 07/26/2018
ADDRESS: 1108 60th st
CITY: NYC
MARKET: Borough Park, Brooklyn
ASSET TYPE: Boutique Hotel
PRICE: $6,000,000
KEYS: 26 PPK: $230K
SF: 10,095 PPSF: $594
SELLER: Bao Zhi Liu
BUYER: Manny Chadha
BROKER: Joe Frasca & Richard DiPietro – Coldwell Banker Commercial @joefrascaa @coldwellbankerView on map
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Address1108 60th Street
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