This document provides details about a turn-key luxury hotel for sale in New York City's Lower East Side. The 12-story hotel sits on a lot size of 26.5 feet by 87.5 feet and contains 52 rooms plus a rooftop area. It is currently under construction and slated for completion in early 2013. The owner is asking $26 million for the property and is willing to accept a 5% deposit before construction is finished.