NEW YORK CITY-Randy Settenbrino, a real estate broker, entrepreneur and an artist, has listed his boutique hotel on the market for sale. The 22-room Blue Moon Hotel located on Orchard Street is an eight-story building.
Settenbrino purchased the property in two phases in 1997 and 2000 for a total amount of $1.24 million from two owners. The hotel comprises large rooms ranging about 750 square feet with balconies. Adelaide Polsinelli with Marcus & Millichap has listed the hotel on the market. For the full story, go to Wall Street Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.