685 FIRST AVENUE in New York

Name: 📣 300$ — discount certificate
Start: 2020-06-26T08:37:43.819243+00:00
End: 2023-12-31T23:59:59+0000
Location: 685 FIRST AVENUE

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Project info

Object ID: 7854

Finished at	August 2019
Price, m²	From 57142$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	28
Apartments	148
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa 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

1,714,260$

Net profit

5,906$

Payback period

211.6 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 685 FIRST AVENUE

About the project

Future owners of 685 First Avenue can safely call their home a masterpiece. The serene condominium residences, with open floor plans and timeless interiors, bathed in light, redefine contemporary urban luxury.

Thoroughly designed 148 one to four bedroom condominiums that rise from the 28th floor. The rooms will be in a classic combination of white, light gray and earth tones, which are complemented by the exquisite surfaces of wood, stone and glass. Living rooms and bedrooms are located to maximize views of New York City.

The 685 First Avenue design allows windows to let in natural light while also concealing visibility from the outside. The general aesthetics is simple, bright and clean, with a high level of detail and finish. Generous, almost airy layouts have wide white oak planks and wooden interior doors. Each residence is equipped with Dornbracht sculpted lights and a fully integrated Gaggenau package.