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MADISON SQUARE PARK TOWER in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-24T09:37:59.146131+00:00
End: 2023-12-31T23:59:59+0000
Location: MADISON SQUARE PARK TOWER

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Project info

Object ID: 7820

Finished at	January 2018
Price, m²	From 137142$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	60
Apartments	83
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

4,114,260$

Net profit

5,906$

Payback period

507.7 years

Avg property value increase per year

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About the project

Madison Square Park Tower is ideally located in one of the most popular areas of Manhattan - Flatiron in Madison Park. Luxurious glass new building is an exclusively selected collection of apartments, duplexes, apartments on the whole floor and penthouses, created by individual order by London designer Martin Brudnicki.

Corner expositions, exclusive painted floors, 3-meter-high glass walls from floor to ceiling - all together create a dynamic space for relaxation and entertainment in Madison Square Park Tower. With no more than two apartments per floor, the architectural design of the recognized architectural firm Kohn Pederson Fox optimally reveals panoramic views from any point of view.

Floor-to-ceiling glass walls in individual apartments provide an unrivaled view and enhance the unique panorama of the city and the water. Each bathroom is lined with imported Mountain White Danby Stone marble, complemented by custom-made dressing tables and Waterworks nickel fittings. Full-floor apartments and penthouses feature stunning bathtubs with freestanding Waterworks bathtubs and floor-to-ceiling glass walls.

Exclusive Molteni kitchen furniture is combined with Sub-Zero and Miele built-in appliances. Waterworks hardware and Nanz metal products perfectly complete the image of each space.

Madison Square Park Tower's exclusive concierge service manages daily needs; including New York's most sought-after reservation request for reservations at Eleven Madison Square Park, Hamilton tickets, fresh flowers for bed preparation, and access to the Lounge Art Basel Miami VIP lounge.

Apartment prices at Madison Square Park Tower range from $ 4.8 million to $ 48 million for penthouses.