Box House Hotel

Location: Brooklyn, NY
Type: Hospitality
Price: $ 12,000,000

SMC has provided a $12,000,000 first mortgage loan to refinance the existing debt collateralized by the Box House Hotel, a 3-story, 47-room, limited service boutique hotel located in Brooklyn, NY. The Property offers several amenities such as a fitness center with sauna, a business center, a guest laundry room, complimentary 24-hour car-service to the subway stations, grocery-shopping service and other concierge services. The hotel suites offer such amenities as custom art and furniture, iPod dock stations, 42 inch plasma TVs, Apple TV, WIFI, and private decks or patios. The Property is located in the Greenpoint neighborhood of Brooklyn, which is the borough’s northernmost neighborhood. Midtown Manhattan is located approximately 10 minutes by car from the Property.