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WATERLINE SQUARE in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-24T08:57:05.469475+00:00
End: 2023-12-31T23:59:59+0000
Location: WATERLINE SQUARE

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Project info

Object ID: 7816

Finished at	August 2019
Price, m²	From 51428$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	36
Apartments	263
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

1,542,840$

Net profit

5,906$

Payback period

190.4 years

Avg property value increase per year

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About the project

Waterline Square Residential Complex is a luxury apartment with amazing amenities and infrastructure near the Hudson River in New York. This is one of the few buildings on the river bank. Sophisticated layout and design of the apartments offer chic views and impressive amenities. On the territory there is a shop, a park area. This is truly a special place to live.

Three world-famous architectural firms - Richard Meier & Partners, Kohn Pederson Fox Associates, and Rafael Viñoly Architects - have transformed the epic concept into reality: three skyscrapers with magnificent views of the surrounding parks, river and city skyline. The Waterline Square residential complex will be built on an area of about 2 hectares, near the new landscape park. This is an amazing place, near the river, in the place where the Upper West Side and Midtown meet. Waterline Square will exceed all expectations. Within walking distance of the Central Park, new restaurants, markets, shops, infrastructure for sports, leisure and recreation on an area of more than 9300 sq.m.

Multifunctional club Waterline Club for the residents of all three buildings of the complex was designed by Rockwell Group. This club embodies an unprecedented lifestyle program that pushes the boundaries of the possible. At Waterline Square, residents will be offered a unique culinary experience from Cipriani: on an area of 2600 square meters. m will be located market, luxury restaurant and casual restaurant. The project will have a 20-year tax credit under program 421a.

Residents will have access to a lifestyle that exceeds all expectations. On the territory of 9300 square meters. m there will be amenities and infrastructure for sports, leisure and entertainment, including an indoor tennis court, squash court, soccer field, skate park, a 25-meter pool with tracks, a children's pool, a gardening studio, a recording studio, an art studio, a playground for dogs. Waterline Square will host the first of its kind experimental food hall from Cipriani and Empellon restaurant chain Alex Stupak, James Bird Award nominee.

Apartment prices at Waterline Square range from $ 1.8 million to $ 25 million for penthouses.