Rockaway Beach Hotel Project
Rockaway Beach Hotel
The Project is a six-story mixed use hotel located on the Rockaway Peninsula in Queens, New York City. Given the lack of overnight accommodations, day visitors are the predominant tourists today in the area. The Rockaway Beach Hotel will be the only hotel to be developed in the Rockaways since the area’s heyday in the 1950’s, and operated as an independent boutique property.
Rockaway Beach Hotel Comprises:
Residential rental building (80,000 square feet
54 hotel units
7 residential apartment units
Event space (6,000 square feet)
Pool and Bar (over 10,000 square feet)
Day use lockers
Cabanas and beach rentals
Parking (30 spaces)
This page does not represent an offer or solicitation to buy or sell any security. Investment opportunities are available only to qualified investors via a confidential offering memorandum
Rockaway Beach Hotel Images
Integrating surf, beach, art and urban edge into the property are critical elements that will weave through the product’s positioning – in design, service, food and beverage offerings. The Project will be located in the area known as Rockaway Park, on the Rockaway Peninsula in the County of Queens, New York. The site is centrally located by all highways and accessible by all forms of NYC public transport, such as Subway and Ferry. The prospective as a complete and stabilized market value of the project is $53.1 million, which is 3.32 times of the EB-5 investment capital.