Mayfair Inn and Suites Long Island City

Located in one of New York’s most dynamic submarkets, this 50‑room limited‑service hotel provides a compact fee‑simple opportunity for repositioning into hospitality, extended‑stay, or creative alternative use. Built in 2018 and situated mid‑block on 12th Street between 38th and 40th Avenues, the property benefits from rapid neighborhood transformation as industrial parcels transition toward higher‑density mixed‑use. While currently vacant, the building’s contemporary construction, efficient floor plates, and proximity to the Queensboro Bridge and Manhattan positions it for swift reactivation. Investors can pursue full hotel reopening, co‑living, student housing, or eventual rezoning to capitalize on adjacent residential growth corridors. The limited scale and institutional‑quality design enable an efficient entry point into Long Island City’s lodging and redevelopment market with significant future upside potential at a significant discount to recent LIC comps.