108 LEONARD in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-25T12:07:52.236462+00:00
End: 2023-12-31T23:59:59+0000
Location: 108 LEONARD

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Project info

Object ID: 7846

Finished at	March 2018
Price, m²	From 45714$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	13
Apartments	152
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

1,371,420$

Net profit

5,906$

Payback period

169.2 years

Avg property value increase per year

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Promos and discounts for 108 LEONARD

About the project

This Renaissance palace in Lower Manhattan was completed in 1898 and included a thirteen-story addition made by the legendary architectural firm McKim, Mead & White, whose designs for the first Madison Square Garden and Pennsylvania stations set the aesthetic standard of New York.

108 LEONARD pays tribute to the most coveted elements of an architectural masterpiece, including dramatic details of scale, proportion and volume. Here, ornamental grandeur and historical origin are again combined with new, modern forms and priorities of modern design.

The renowned design firm Jeffrey Beers International has carefully restored the building of architects McKim Mead & White in the Italian Renaissance Revival style. Mr. Beers masterfully penetrated the modern and at the same time timeless design of the most iconic building of the Tribeca district.