The Hudson River Hotel, a 56-room high-rise hotel in Midtown, has recently been sold for $18.2 million. The property was exclusively marketed by Jerry Swon, Robert Hunter, and Leo Reilly from Marcus & Millichap on behalf of the seller and successfully secured by the buyer, Hudson West Hospitality.
Situated at 442 W 36th St., this boutique hotel spans over 20,344 square feet across its 15 floors. Its prime location near popular attractions such as Hudson Yards, Times Square and Central Park makes it an attractive investment opportunity for hospitality businesses. According to Swon: “Despite being on the market multiple times in recent years with no success in securing a sale.”
Marcus & Millichap’s efforts have resulted in a successful transaction of The Hudson River Hotel for $18 million dollars.