80-Room Hotel Development

BANKRUPTCY SALE

For auction is the debtor's rights to a ground lease with +/-90 years remaining, and the development of an 80-room hotel, located at 100-110 South Bridge Street, Staten Island, NY 10309.  The construction of the hotel is estimated to be seventy percent (70%) complete.

AUCTION DETAILS

Sells:  T/B/D
Online Auction:  via Zoom
Bid Deadline:  T/B/D
Opening Bid:  T/B/D
Required Deposit:  $200,000 in the form of a bank check made payable to "MYC & Associates, Inc".
Wire transfers for deposit are available.
Data Room:  Please click HERE to be directed to our virtual data room.
Buyer's Premium:  Five Percent (5%)

HOTEL DETAILS

80 Rooms
+/-25,000 SF
64 Single King Bed
16 Twin Bed 
Open Air Two Story Lobby w/ Waterfall
Full Size Gym
Catering & Beverage Facilities
Rooftop Bar

LEASE DETAILS

Lease Term:  99 Years
Lease Signed:  December 2014

PROPERTY DETAILS

Address:  100-110 S Bridge Street, Staten Island, NY 10309
Neighborhood:  Richmond Valley
Block/Lots:  7584/99 & 101
Zoning:  M1-1
Tax Abatement:  Eligible
EB-5 Eligible

DISCLOSURE

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions.  MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information herein and is not liable for any reliance thereon.