Price:$8,500,000 No. Rooms:49 Building Size:16,796 SF Price/Room:$173,469.39 Property Type:Hotel & Motel Property Sub-type:Full Service Additional Sub-types:Economy/ Limited Service Property Use Type:Investment Commission Split:2% Cap Rate:9% Average Daily Rate:$109 RevPAR:$109 Average Occupancy:85% No. Stories:6 Year Built:2006 Lot Size:0.16 AC Highlights Each room is valued at $173,469.30 Description This Brooklyn, NY hotel offers many fine features and amenities, including: Free hot breakfast Free coffee Free wireless high-speed Internet access Free local calls Limited free parking available (13 spaces only) In addition to standard amenities, all spacious guest rooms come equipped with 32-inch plasma televisions, hair dryers, coffee makers, irons and ironing boards. Some rooms feature whirlpool bathtubs. Non-smoking rooms are available. Quality Inn, a Brooklyn NY hotel near the Brooklyn Academy of Music The Quality Inn® hotel is ideally located just minutes from Manhattan via the New York subway. The MTA Long Island Rail Road East New York station and the NYC Transit Broadway Junction subway station are within walking distance. This Brooklyn, NY hotel is also close to the Brooklyn Academy of Music, the Brooklyn Museum, and the Coney Island neighborhood and amusement park. The John F. Kennedy International Airport is eight miles and LaGuardia Airport is 12 miles from the hotel. New York City attractions within 15 miles include: Statue of Liberty Madison Square Garden arena Broadway Theater District Empire State Building Radio City Music Hall theater The surrounding area offers many things to see and do, including world-class shopping, outdoor recreation, sporting events and much more. Nearby restaurants have something for everyone, catering to a variety of tastes and budgets. Financial Summary Actual Year2011 Scheduled Gross Income$1,300,000 Effective Gross Income$1,300,000 Operating Expenses$500,000 Net Operating Income$800,000 Map of 2473 Atlantic Avenue, Brooklyn, NY 11207 (Kings County)Hide Map
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