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27 East 79th Street in New York

Name: Sales in 27 East 79th Street started!
Start: 2020-07-01T13:45:02.040239+00:00
End: 2023-12-31T23:59:59+0000
Location: 27 East 79th Street

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Project info

Object ID: 7894

Finished at	April 2020
Price, m²	From 44600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 280.00 m²
Floors	15
Apartments	8
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

12,488,000$

Net profit

9,376$

Payback period

1062.4 years

Avg property value increase per year

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About the project

27 East 79th Street is a new condo development by Adellco Management at 27 East 79th Street, New York. The development was completed in 2019. Sales for available units start from $12,750,000. 27 East 79th Street has a total of 8 units. Sizes start at 3006 square feet.

Features & Finishes

DUPLEX RESIDENCES:

Duplex Residences are designed with generous living spaces, with select residences featuring a custom designed fireplace by Cabinet Alberto Pinto.

THE TOWNHOUSE:

The Townhouse features a grand formal dining room opening onto a private garden.

THE TOWNHOUSE GARDEN:

The Townhouse Garden is ideal for intimate gatherings.

FULL FLOOR RESIDENCES:

Full Floor Residences feature expansive apertures that overlook the historic and landmarked picturesque 79th Street.

KITCHENS:

The kitchens are appointed with French La Cornue ranges, Miele appliances and custom designed millwork by Cabinet Alberto Pinto.

MASTER BATHROOMS:

Marble-clad master bathrooms are outfitted with a custom wood vanity and polished nickel Kallista fixtures.

POWDER ROOMS:

Powder rooms feature striking Noir Saint Laurent marble wainscoting contrasted with white marble and a custom vanity with a fine parchment surface.

MASTER BEDROOMS:

Master bedrooms are adorned with detailed custom moldings and wide plank white oak flooring.

Developer

Adellco LLC is a full-service real estate owner, developer and manager and has been active in the New York City real estate market for 25 ye…
Details about Adellco Management