The Craftsmen Townhomes in New York

Name: Sales in The Craftsmen Townhomes started!
Start: 2020-08-27T08:08:14.613056+00:00
End: 2023-12-31T23:59:59+0000
Location: The Craftsmen Townhomes

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Project info

Object ID: 8899

Finished at	December 2019
Price, m²	From 10350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 72.00 m²
Floors	3
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

745,200$

Net profit

8,283$

Payback period

70.3 years

Avg property value increase per year

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About the project

Home is where the heart is — and it’s all here at The Craftsmen. it’s all here at The Craftsmen. This exciting development brings a new approach to luxury living in Long Island City.

These impeccably designed townhomes on 45th Road, 46th Avenue and 47th Road are unlike anything else in the neighborhood. Each unit within the eight 4-story townhomes offers the appeal of being in your own home within the city. It’s sure to be a coveted new address at the heart of one of New York City’s most alluring and vibrant communities.