For Sale: Hotel Shocard – Times Square, New York | Bidding Opens: April 9th

206 West 41st Street New York, NY 10036

206 West 41st Street, New York, NY, 10036
206 West 41st Street, New York, NY, 10036
FOR SALE Auction Property
Property Type:
Last Verified:
Apr 26, 2019

RealINSIGHT Marketplace and CBRE are pleased to present the Hotel Shocard, a 47-room, full-service hotel located in Times Square, NY for your acquisition consideration.


The auction will take place on the online commercial real estate sales platform, RealINSIGHT Marketplace, April 8th - April 10th.


About the Hotel Shocard – Times Square

  • One Building
  • Six Floors
  • 47 Rooms
  • Renovated in 2016
  • Full-Service


This offering provides investors with the rare opportunity to acquire a top-located hotel with substantial upside from improving the assets, modernizing operations and benefiting from economies of scale from an owner/operator’s existing operations The hotel is offered unencumbered by brand and management.



To learn more, visit:

Additional URLs

Map of 206 West 41st Street, New York, NY, 10036

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.