1010 Park Avenue in New York

Name: Sales in 1010 Park Avenue started!
Start: 2020-07-01T13:29:47.375121+00:00
End: 2023-12-31T23:59:59+0000
Location: 1010 Park Avenue

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Project info

Object ID: 7893

Finished at	September 2018
Price, m²	332000$ — 111111$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 360.00 m²
Floors	16
Apartments	11
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

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

39,999,960$

Net profit

9,376$

Payback period

3402.8 years

Avg property value increase per year

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Promos and discounts for 1010 Park Avenue

About the project

Traditionally-styled 1010 Park Avenue nestles cozily between the landmarked Park Avenue Christian Church and classic pre-war apartment buildings, and combines the finest facets of pre-war and modern living. The 15-story building holds only 11 apartments, which range in size from full-floor to duplex units. Several floors are dedicated to amenities, which include lounges, a billiards room, an indoor pool, and a circus-themed children’s playroom.