Ground Lease Acquisitons

311 West 39th Street

311 West 39th Street, New York
  • 311 West 39th Street
  • 311 West 39th Street

    A 40-story Element Times Square Hotel (“Element”) opened in 2010 and is conveniently located in New York City’s leading submarket, Times Square.

    Ground Lease Square Foot
    7,406 SF

    311 West 39th Street is a 40-story Element Times Square Hotel (“Element”) opened in 2010 and is conveniently located in New York City’s leading submarket, Times Square. The Property’s location provides immediate access to many desirable destinations in New York City such as the Museum of Modern Art, the Theatre District, Rockefeller Center, Central Park, Radio City Music Hall and a multitude of Class A office buildings.

    The Hotel is also near the rapidly developing Hudson Yards and is uniquely positioned to benefit from the area’s growing amenity base. The Hotel features 411 guestrooms, including 7 suites and 492 square feet of meeting space. In addition to its convenient location in the epicenter of New York City, the Element offers an array of amenities including a fitness center and a business center.