SOLD
Premier Equities Acquires Hotel In TriBeCa For $18M
130 Duane Street
Hotel
17,452 SF
17,452 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Hotel
17,452 sqft
Located at 130 Duane Street in TriBeCa, this hotel asset was recently sold in a transaction. The property spans across 17,452 square feet, with a price per square foot of $1,031. The sale price for the hotel was $18,000,000, resulting in a price per key of $418,604.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $18,000,000
- Address: 130 Duane Street
- Market: TriBeCa
The buyer, Premier Equities, acquired the hotel from the seller, Hersha Hospitality. The deal was facilitated by the brokers Dan O'Brien, Jared Kelso, Stephen Michels, and Maurice Suede from CushWake. Additionally, the hotel has a tenant, Sonder.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Maurice Suede, Yaron Jacobi, Dan O'Brien, Jay Shah, Jared Kelso, Francis Davidson & Stephen Michels
DATE: 05/13/2021
ADDRESS: 130 Duane Street
MARKET: TriBeCa
ASSET TYPE: Hotel
BUYER: @PremierEquities
SELLER: Hersha Hospitality
BROKERS: Dan O'Brien, Jared Kelso, Stephen Michels & Maurice Suede @CushWake
TENANT: Sonder (@SonderStays)
SALE PRICE: $18,000,000
KEYS: 43 ~ PPK: $418,604
SF: 17,452 ~ PPSF: $1,031View on map
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Address130 Duane Street
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