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252 EAST 57TH in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-25T08:43:39.325131+00:00
End: 2023-12-31T23:59:59+0000
Location: 252 EAST 57TH

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Project info

Object ID: 7834

Finished at	April 2018
Price, m²	From 197142$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	65
Apartments	95
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

5,914,260$

Net profit

5,906$

Payback period

729.9 years

Avg property value increase per year

Open ROI calculator

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About the project

252 East 57 Street is the first new commission for the famous ADA100 designer Daniel Romualdez, who approached the project with the same care and detail for each residence that he applies to private house projects. Spaces naturally flow into each other, custom-made kitchens give priority to functionality, flooring and joinery show increased ceiling heights, and window walls reflect views of Central Park, the river and skyscrapers.

Located between Central Park and the East River, the quarter-long stretch has city, park, and water views. With two or four apartments per floor, each home offers iconic panoramas of Manhattan's most important attractions.

Kitchen facilities are filled with beautiful natural light and breathtaking views. The horizontal walnut cabinets are framed by a HanStone glass quartz worktop. Finishing elements include a Dornbracht Elio polished chrome-plated faucet, a 33-inch Kohler Stages sink with integrated walnut chopping board and cooking bowls, and fully integrated appliances with a 36 ”five-ring vented gas hob and wine cooler.