Long Island City’s Lux Hotel Sold for $12.4 Million

The Lux Hotel LIC at 37-25 12th Street in LIC has been acquired for $12.4 million by hotel owner Ravinder Chopra, according to city records reported by Crain’s New York Business.

The 11-story, 64-room hotel opened in late 2024. The acquisition adds to Chopra’s portfolio of properties in Queens and Manhattan, which includes Hotel Key Flushing, Sky Hotel Flushing, and the Tribeca Hotel FiDi in Lower Manhattan.

The seller, developer Harshad Patel, reportedly purchased the property as vacant land for $1.2 million in August 2013. The sale follows another hotel transaction by Patel, who sold the 57-room Mirage Hotel in Crown Heights for $14.5 million in February 2025.

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