Contacts
Avison Young
Avison Young
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Property Details
- Property Type Other
- Units 90
- Date Updated Feb 20, 2025
Avison Young, as the exclusive agent, is pleased to offer for sale 34 East 32nd Street (the ‘Property’), also known as HGU New York, an iconic landmarked historical 90- key hotel located between Madison Avenue and Park Avenue South in the heart of NoMad. Built in 1905, this 35,778 SF Beaux Arts style Property is one of the oldest continuously operating hotels in New York City.
The Property underwent a $25M repositioning in 2016 and is now a highly reviewed four-star, lifestyle boutique hotel servicing a diverse high-end client base. HGU New York provides investors with a unique opportunity to acquire a turnkey, cash-flowing non-union property in the highly desirable NoMad submarket. Currently self-managed, there is additional upside potential available to a hotel operator with the experience needed to increase revenues and add to the bottom line.
Reach out to the broker for more info on lease terms and amenities
Highlights
- $25M Repositioning in 2016
- 35,788 GSF across 90-keys
- 60-Seat Restaurant
- Lounge, Cafe, and an Exclusive Roof Top Bar
Getting around
-
100/100
Walk Score ®
-
100/100
Transit Score ®
-
87/100
Bike Score ®
Location
- City New York City, NY
- Neighborhood NoMad
- Zip Code 10016
- Market Manhattan
Points of Interest
-
33rd Street
0.33 miles
-
34th Street & Broadway at Northwest Corner
0.38 miles
-
Broadway & 23rd Street at Northeast Corner
0.43 miles
-
Broadway & 23rd Street at Southeast Corner
0.45 miles
-
No. 2 Penn Plaza Entrance
0.51 miles
-
Grand Central
0.51 miles
-
Grand Central 42nd Street / Vanderbilt Avenue entrance
0.52 miles
-
7th Avenue & 33rd Street at Northwest Corner
0.52 miles
-
Grand Central 42nd Street entrance
0.53 miles
-
33rd St / 7th Av
0.53 miles
-
ChargePoint
0.21 miles
-
Bus Charging Station
0.73 miles
-
Blink
0.76 miles
-
Tesla Supercharger
0.79 miles
-
BP
0.88 miles
-
Mobil
1.03 miles
-
Citgo
1.71 miles
-
Gulf
1.83 miles
-
Sunoco
2.06 miles
-
Select Garages
0.16 miles
-
Red Ball Garage
0.21 miles
-
SP+
0.22 miles
-
City Parking
0.26 miles
-
Icon Parking
0.55 miles
-
icon 24hr Parking
0.60 miles
-
Icon
0.63 miles
-
NYU Langone Parking Lot D
0.64 miles
-
iClean
2.06 miles
-
Rapid Park
5.11 miles
-
HGU
0.00 miles
-
Hotel 32 32
0.01 miles
-
Hotel AKA
0.05 miles
-
Hilton Garden Inn Midtown Park Avenue
0.08 miles
-
Avalon Hotel
0.08 miles
-
Mondrian Park Avenue
0.08 miles
-
Arlo NoMad
0.09 miles
-
The Marmara Park Avenue
0.10 miles
-
Hotel Chandler
0.10 miles
-
The Marmara
0.11 miles
-
Mrs. K's
0.09 miles
-
Dover Street Market
0.15 miles
-
Koreatown Shopping Court
0.16 miles
-
Whole Foods Market
0.20 miles
-
Kalustyan's
0.23 miles
-
H Mart
0.25 miles
-
Trader Joe's
0.26 miles
-
D'Agostino
0.30 miles
-
Little India Market
0.33 miles
-
Manhattan Mall
0.36 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
