277 FIFTH AVENUE in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-25T11:49:18.702735+00:00
End: 2023-12-31T23:59:59+0000
Location: 277 FIFTH AVENUE

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Project info

Object ID: 7844

Finished at	September 2019
Price, m²	From 48571$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	52
Apartments	130
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

1,457,130$

Net profit

5,906$

Payback period

179.8 years

Avg property value increase per year

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About the project

Architect Rafael Vinoly, has designed the structural elements into the façade so the interiors are uninterrupted by columns, providing truly panoramic views in all directions from Central Park to the New York Harbor. Located in NoMad at the center of Manhattan's most dynamic neighborhood, where the elegance of Uptown meets the energy of Downtown, 277 Fifth Avenue offers residents the very best of New York.

A light-filled suite of amenities, designed by Jeffrey Beers International, spans two floors and offers residents carefully curated spaces for relaxation, socializing, and recreation with a lobby library featuring a double-height bookcase wall, an entertainment suite featuring a bar and private dining room with catering pantry, a fitness club opening onto the furnished Fifth Avenue Terrace, a games lounge, and a kids' club.

Developer

Founded in 1994, Victor Group is one of New York’s most dynamic development and construction companies. Its projects are located in New York…
Details about Victor Group