18331 Horace Harding Expressway Fresh Meadows, NY $ 29,880,000
18331 Horace Harding Expressway
$ 29,880,000
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18331 Horace Harding Expressway

Fresh Meadows, NY, 11365
$ 29,880,000
Bedrooms-- Baths-- Sq 42,186

Monthly Estimate*

$ 186,412

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Commercial Property for sale in Fresh Meadows, NY

for $29,880,000. This 42,186 square foot building was built in 2018 on a lot size of 0.2921.

This premium hotel portfolio, located in the Fresh Meadows Auburndale community of New York, comprises two modern buildings (183-15 and 183-31 Horace Harding Expy) with an annual revenue of $13 million and a sustained growth trend, showcasing significant development potential. Both six-story buildings were constructed in 2018, A Franchised Marriott Hotel, with a total lot area of 44,919 sq ft (~4,173 sq m) and a combined gross floor area of nearly 100,000 sq ft . The property offers 217 boutique guest rooms (124 at Courtyard and 93 at Fairfield), featuring a variety of room types including King beds, Queen beds, Double beds, and luxury suites. Situated in the high-quality District 26, the property holds an H3-class limited-service hotel ownership (affiliated with an international chain brand) and is zoned as R3-1/C1-2, supported by a well-established management system. - The 183-15 property includes a 27,755 sqf lot and a 54,944 sqf building. - The 183-31 property includes a 17,164 sqflot and a 42,186 sqf building. With combined annual property taxes of approximately $950,000, this hotel asset boasts an excellent location, stable revenue performance, and professional brand operation, making it a highly attractive investment opportunity.

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Commercial Active

Price

$ 29,880,000

Property Type

Commercial

Taxes

$ 424,867

Style

Hotel/Motel

Lot Size

0.2921

Year Built

2018

Town/City

Fresh Meadows

County/Region

Queens

MLS | Web ID

888831

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Phone Connected Sewer Available Trash Collection Private Water Available
Construction Materials Brick
Year Built 2018
Property Subtype Hotel/Motel
Tax Year 2024
Parcel Number 07067-0054
Business Type Hotel/Motel
County Queens
Property Type Commercial Sale
City New York
Property Attached Y/N N
Tax Annual Amount 424867.36
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 4575150
Cap Rate 10
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Interior
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Water Source Public
Total Parking 200
Parking Spaces 200
Building Area Total 42186
Waterfront Y/N N
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Internal Only
Street Number 1 18331
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* Excluded Features
List By
Zhao Li

Listing Agent

Royalux Realty Llc

Broker

347-399-8556

Contact

Affordability Calculator

$221,818
Per Month
84%
16%
0%
Monthly Principal & Interest
$186,412
Monthly Property Taxes
$35,406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2025$29,880,000 Listed Price

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18331 Horace Harding Expressway, Fresh Meadows, NY, 11365 is a Commercial Property for sale at $29,880,000 with 42,186 sqft and a lot size of 0.2921. 18331 Horace Harding Expressway was built in 2018. The property's zip code is 11365 which is in Fresh Meadows, NY