Transaction amount: $20,000,000
Prince Realty Advisors was the sole representative in the Off market transaction for Long Island City’s Verve Hotel. The asset is an The 87-key six-story hotel at 40-03 29th Street. Developed in 2007. The three-star hotel is a short walk from the Queensboro Plaza, Queens Plaza and 39th Street subway stations in one of the hottest hotel sub-markets in the city, where the competition for guests is increasing.
40-03 29th St Queens, NY 11101