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Central Park Tower in New York

Name: Sales in Central Park Tower started!
Start: 2020-06-26T09:09:49.499623+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Park Tower

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Project info

Object ID: 7856

Finished at	June 2020
Price, m²	From 53000$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	98
Apartments	179
Condition	Turnkey
Construction type	Monolyth
Elevators	11
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

6,890,000$

Net profit

9,376$

Payback period

586.1 years

Avg property value increase per year

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Promos and discounts for Central Park Tower

About the project

Central Park Tower represents a level of design, quality and service that was not previously visible. Designed by Adrian Smith + Gordon Gill Architecture, the glass-clad tower will rise 95 floors and includes three full floors of living quarters. Central Park Club will offer 50,000 square feet of amenities starting on the 14th floor.

Residents can enjoy the outdoor terrace of 15,000 square meters. Feet with a pool, cabins, a bar on the 14th floor, a wellness center and another pool on the 16th floor, as well as additional amenities on the 100th floor of the tower. The seven-story Nordstrom flagship store will occupy the tower area.

The condominiums will begin on the 32nd floor of the building, ranging from two to eight bedrooms, residences range from 1,435 square feet to 17,500 square feet and are "strategically located in the corners of the residences to maximize numerous panoramas and views throughout the city."