Auction: 200-Room Hotel | NYC Lower East Side

Bankruptcy Auction

Keen-Summit Capital Partners LLC has been retained through the bankruptcy court to market this highly profitable 200-room boutique hotel, "Untitled at 3 Freeman Alley" on the Lower East Side of Manhattan.

Virtual Data Room Link: www.225BoweryHotel-BankruptcySale.com

"Untitled at 3 Freeman Alley" was originally built in 1924 and recently underwent a $62M renovation to create this expertly designed hotel with dual terrace roof bar offering 360 degree views of the city for guests and private events. Guests are welcomed via Freeman Alley with its artistic and eclectic art vibe well known to the area.

Tourist Highlights: THINGS TO DO: < 10 minute walk to the Bowery Ballroom, New Museum, Museum of Street Art, Basilica of St. Patrick, SoHo High End shopping, Tenement Museum, Katz’ Deli. SUBWAY: < 1/2 mile walk to 9 different lines

Investment Highlights: This is a hotel that uses Airbnb as its reservation system. The hotel is fully compliant with NYC zoning rules and regulations and with its certificate of occupancy.

As this is a bankruptcy proceeding, brokers should be paid by their buyer.

Subject to Bankruptcy Court Approval.