LIC Extended Stay Apartment/Hotel LIC
38-30 28TH STREET,
Neighborhood: Long Island City
Asset Type: Hotel
Lot: 25.04 ft x 98.78 ft
# of Buildings: 1
Square Feet: 15613
Building Class: HOTELS H3
Residential Units: 16
16 SUITES/APARTMENTS EXTENDED STAY APARTMENTS/HOTEL
Besen Partners Hotel Advisory Group, as exclusive agent for Ownership, is pleased to offer for sale 38-30 28th Street (the “Property”). Constructed in 2019-2020, this extended-stay hotel is comprised of 16 suites/apartments, with 9-studio style units, and 7-one bedrooms, each with a kitchenette, hard wood floors and outdoor spaces, either as terraces or larger patios. It is an elevator building with sweeping views of Manhattan and the East River, conveniently located in the heart of Long Island City. The property has an indoor garage and on-site parking for two cars with curb cut.
The property is ideally designed for the expanding market of extended-stay opportunities in the hospitality industry. The demand is coming from a variety of groups; workers who are in town for long-term projects or training, as well as students for short-term learning opportunities, or healthcare workers relocating to meet demand, to name a few. As more need grows for facilities where guests planning a longer-than-usual hotel stay—anywhere from four days to four months, this property’s style, location and amenities will be an excellent fit.
Nearby, there is an array of transportation opportunities, it is in close proximity to the BQE (I-78), LaGuardia Airport (3 Mi.), public transit, Grand Central Station and ferry access at the beautiful LIC waterfront. The property is one subway stop from Manhattan and a short cab ride to midtown Manhattan or Brooklyn.