bank represents nothing no documentation property vacant out of business
sold as is
buyer does own due diligence


land lease with city of new york for 98 years

Tax 145-150yr
Ground lease 125k

No operation right now no union


L. I. C. New York



Short Sale $14,500,000.(offers already in at 13.2m)

Plus 6% Fee

-dont need to keep the brand as is a short sale

POF AND LOI REQUIRED




Long Island City. N Y

136 Rooms

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Subject: Fwd: LIC Hotel Information


SOLD AS IS NO REPS MADE BY BANK OR DILIGENCE MATERIAL OFFERED BY BANK