Hotel Site for Sale in New York City - Laguardia Airport

Number of Units: 126 Approved

Price: $5,200,000

Hotel site at Laguardia airport location approved to build 126 rooms hotel for 48,424 square feet. This location is very close to both the new Citi Field and Willets Point Development, which includes plans for first convention center outside of Manhattan.

Laguardia airport is only 8 miles from mid town Manhattan and LaGuardia Airport, located in the borough of Queens eight miles from midtown Manhattan, is New York City's main domestic airport.

LaGuardia is still served by over 20 airlines and offers nonstop daily flights to numerous destinations in the U.S. and Canada. There are also seasonal flights to the Bahamas and Bermuda.

In the late 90s, LaGuardia routinely experienced overcrowding-related delays that have increased the airport's capacity. The airport consists of five terminals: the Central Terminal Building, the Delta Terminal, the US Airways Terminal, the US Airways Shuttle Terminal, and the Delta Shuttle Terminal, which is housed in the historic Marine Air Terminal. Shuttle buses connect the terminals.

Some stat of the airport:

Year	Plane Movements	Passengers	Air cargo (tons)	Air Mail (tons)
2007	391,547	25,026,267	11,750	2,087
2006	399,827	25,800,074	12,695	5,718
2005	405,175	26,671,787	23,856	10,296
2004	399,775	24,435,661	26,589	15,219
2003	374,961	22,470,046	12,333	19,032
2002	362,439	21,986,679	11,709	23,818
2001	367,871	22,519,874	16,474	43,771

Detailed financial package available to qualified and serious buyers only.

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With Times Commercial Realty

Hotel Site for Sale in New York City - Laguardia Airport