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160 LEROY in New York

Name: 160 LEROY
Brand: The Ian Schrager Company
SKU: 7840
Availability: InStock

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Project info

Object ID: 7840

Finished at	January 2018
Price, m²	From 142857$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	13
Apartments	49
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area 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

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

4,285,710$

Net profit

5,906$

Payback period

528.9 years

Avg property value increase per year

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About the project

160 Leroy is a full-service condominium developed by Ian Schrager and designed by Herzog & de Meuron. The building is staffed by a concierge, 24-hour doorman, on site resident manager and porter. The building also includes many lavish amenities, including a private cobblestone driveway, landscaped park by Madison Cox, professional spa with 70' pool with floor-to-ceiling glass, whirlpool, state-of-the-art fitness center, yoga/pilates studio, steam room, sauna, massage room, Club house with catering kitchen and a children's play room. 160 Leroy is situated on a cobblestone street in the heart of the West Village and is conveniently located across from The Hudson River Park and bike paths, steps to The Highline Park, Meatpacking District, home of the Whitney Museum, fabled Bleecker Street, and some of the city's best shopping and restaurants.