DS9 Document EFTA00788385

a 100 ORCHARD STREET I THE BLUE MOON HOTEL Boutique Hotel with Apartment Style Suites, LES 14,367 SF GROSS SF 22 KEYS $1,068,182 PRICE:KEY $960,000 NOI PROPERTY INFORMATION ADDRESS 100 Orchard Street. New York, NY 10002 LOCATION Between Delancey Street and Broome Street BOROUGH Manhattan BLOCK/LOT 409/7501 LOT SIZE 26' x 88' LOT SF 2.303 SF BUILDING SIZE 26.17' x es.15. BUILDING SF 14,367 SF ZONING C6-2A FAR AS BUILT 6.24 MAX FAR 6.02 ROOMS 22 oversized guest rooms including luxurious penthouse suites with exiting views of Manhattan. Ground floor is an open lobby with a lounge area and fully usable lower level. DESCRIPTION The property, also known as the Blue Moon Hotel, incorporates 22 oversized luxurious lodging accommodations and suites that are fittingly named after legends of the 1920's and 30's. Accommodations range in size from 320 to 750 square feet with soaring ceilings and comfortable living spaces, many including balconies with spectacular views. This award-winning NYC boutique hotel has been lovingly restored by its owner, a Manhattan artist-as-architect. As the recipient of several prestigious awards and honors, the Blue Moon Hotel strives to provide guests with an experience unlike any other. Historically preserved and expertly designed, the Blue Moon Hotel in Manhattan provides a warm and inviting atmosphere among the aesthetic elegance of its era, enhanced to exceed guest expectations. FINANCIAL INFORMATION ACTUAL NOI $960,000 CAP RATE 4.09% GRM 24.48x PRICE/SF $1.636 PRICE/KEY $1,068.182 NOTES More information available upon request. Submit all offers. ASKING PRICE: $23,500,000 2nd A:el ea €200, .a eea T4 Museum C:5 ct>. Sr -1. ctO eA -t ec ...„ Mercury Lounge t gg ::`, 4% a z ' 0 c i C ‘ b C S 4 .te 43... 440 ".... elyot, cs.. -:, ir — ....v. 4100 ,, •E 4- ., 1,_ st e 0 7 ,7 i 4 <trier/ al r nd St East Broadway ari - 1 Q: 49/o1/2 S ei Essex St Deioncey st LOWER CAOT torte EASTERN CONSOLIDATED re 355 Lexington Avenue I New York, NY 100171212.499.7700 I ItP/A*030217 Harmon cortlaral twen s Iran seism &era] reiabla loin issut*xt to was. ems9ans. change ci pace a loons. and %dint aor nobat a: arty bme EFTA00788385 a 100 ORCHARD STREET I THE BLUE MOON HOTEL Boutique Hotel with Apartment Style Suites, LES TENANT LEASE INFORMATION TENANT The Blue Moon Hotel LEASE TYPE NNN LEASE COMMENCEMENT May 1.2015 LEASE TERM 20 Years LEASE EXPIRATION April 30, 2035 OPTIONS N/A RENT SCHEDULE LEASE START LEASE END MONTHLY RENT ANNUAL RENT 8/1/2015 10/31/2015 $65.000 $780.000 11/1/2015 12/31/2015 $72.000 $864,000 1/1/2016 4/30/2016 $72,000 $864,000 5/1/2016 4/30/2019 $80,000 $960,000 5/1/2019 4/30/2021 $90,000 $1,080,000 5/1/2021 4/30/2023 $94.000 $1,128,000 5/1/2023 4/30/2025 $98.000 $1,176,000 5/1/2025 4/30/2027 $105.000 $1,260,000 5/1/2027 4/30/2029 $115.000 $1,380,000 5/1/2029 4/30/2031 $120.000 $1,440,000 5/1/2031 4/30/2033 $127.000 $1,524,000 5/1/2033 4/30/2035 $135.000 $1,620,000 ASKING PRICE: $23,500,000 Orchard Street API &I) 44, • a a Ars 2 - e4 39 . - t . 3/ 4 0 0 W • 4 ot a I A et ES A A 0 43 ; * -',, 4. at a L.d.o),v Str 4 testy, ' 14, 44 , I. writ, t. t sz * e i& b sad sat Essex Street tot -Z. PA mg 0G. saw I Norfolk Street yr EASTERN CONSOLIDATED WPT, 355 Lexington Avenue I New York, NY 10017 I 212.499.7700 I AN/V030217 tterrebon conlaned twen s Iran scam teemed relatk Oul issw*cI3o aras.ems9ans.change d pace a lens, and witxtarial tuba* picr roboa d. arty ',me. EFTA00788386 100 ORCHARD STREET I THE BLUE MOON HOTEL Boutique Hotel with Apartment Style Suites, LES Typical bathroom EASTERN CONSOLIDATED 'AI ASKING PRICE: $23,500,000 Suite with balcony Typical room 355 Lexington Avenue I New York, NY 10017 I 212.499.7700 I www.easternconsolidated.com A.030217 rrxmat,on s cl co. Cf .771,3ral ot -da, othc. rcty, J 3, tire EFTA00788387