The Woolworth Tower in New York

Name: 📣 300$ — discount certificate
Start: 2020-07-01T07:32:29.629845+00:00
End: 2023-12-31T23:59:59+0000
Location: The Woolworth Tower

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Project info

Object ID: 7885

Finished at	July 2020
Price, m²	100000$ — 954285$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	60
Apartments	33
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking 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

3,000,000$

Net profit

5,906$

Payback period

370.2 years

Avg property value increase per year

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About the project

The Woolworth building rises above City Hall Park at the gates of TriBeCa. Unprecedented in size and sophistication, was first completed in 1913, this graceful tower remains an elegant gem on the horizon of downtown Manhattan. The top thirty floors have been expertly transformed by renowned French architect Thierry W. Despont at the Woolworth Tower residence: a limited collection of thirty-two luxurious condominiums.

This national historical monument has inspired countless artists, photographers, filmmakers, dreamers and everyday New Yorkers. To date, the Woolworth building is the pre-war layout of TriBeCa's most attractive residential address, with several exposures that optimize the unusual line of sight from the tower.

The ideal proportions of the Cass Gilbert Tower provide the perfect canvas for the modern aesthetics of Thierry W. Despont's design. The spacious living rooms are designed for entertainment with high ceilings, solid oak floors and large windows framed by terracotta facades, offering views of the cityscape.

Custom kitchens with Dada cabinets designed by the Molteni Group offer Calacatta Caldia marble countertops, oak floors and a Miele range of built-in appliances.

The windows are trimmed with Calacatta Caldia marble with a Nero Marquina accent. The finishes include underfloor heating, Molteni Group Custom Dada cabinets, Dornbracht platinum finishes, steam showers and freestanding bathtubs in some homes.

Apartment prices at The Woolworth Tower range from $ 3.5 million to $ 33.4 million