Vista Hospitality Lists JFK Airport Hotel for Sale

The 12-story property near John F. Kennedy International Airport is listed for up to $80 million.

Updated on Oct. 28, 2026 in Hospitality

Vista Hospitality Lists JFK Airport Hotel for Sale

Live Poll

Is now a good time to invest in local hospitality properties in your area?

Vista Hospitality has placed the 385-key hotel located at 135-30 140th Street in Jamaica on the market. The firm is seeking an exit price between $75 million and $80 million for the asset.

Why it matters

The sale follows a period of financial restructuring for the property, which recently underwent renovations and a significant refinancing. The listing represents a strategic move for Vista Hospitality to divest an airport-proximate asset in the New York City market.

The 12-story hotel spans 5,600 square feet of meeting space and features 385 keys. Vista Hospitality is targeting an acquisition price of up to $80 million for the site.

The players

Vista Hospitality

This real estate investment and management firm has owned and operated the hotel property since 2008.

Eastdil Secured Savills

This global real estate investment banking firm is serving as the listing broker for the hotel sale.

Webster Bank

This financial institution provided the $36.5 million loan used to refinance the property in April 2026.

The details

Eastdil Secured Savills is currently marketing the property on behalf of Vista Hospitality. The hotel, which dates back to the 1950s, was last updated through renovations in 2024.

The hotel structure was originally built in the 1950s.
Vista Hospitality acquired the property in 2008.
The hotel ceased its affiliation with DoubleTree in 2013.
The property underwent significant renovations in 2024.
A $36.5 million loan was secured for the property in April 2026.

Market Landscape

The listing follows the 2024 post-renovation asset stabilization cycle, marking a common exit strategy for hospitality investors. This move underscores the broader trend of institutional owners recycling capital in the New York City airport hotel sector.

While the sale will not immediately change daily operations, travelers can expect potential branding or management shifts following a change in ownership. Pricing for meeting space bookings and room rates may fluctuate depending on the new owner's strategic goals.

The takeaway

Commercial real estate owners often seek to sell properties shortly after finalizing major renovation projects to maximize valuation. Investors and frequent travelers should monitor the sale as it could lead to changes in hotel amenities or future brand affiliation.