GEOLN.COM 🏠 Real estate in USA New builds in USA New builds in New York The Symon

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The Symon in New York

Name: Sales in The Symon started!
Start: 2020-07-29T09:17:15.218021+00:00
End: 2023-12-31T23:59:59+0000
Location: The Symon

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Project info

Object ID: 8303

Finished at	December 2020
Price, m²	From 14640$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	12
Apartments	59
Condition	Black walls
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

805,200$

Net profit

7,229$

Payback period

84.8 years

Avg property value increase per year

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About the project

QUIETLY ELEGANT. THOROUGHLY BROOKLYN.

A BOUTIQUE MODERN RESIDENCE NEIGHBORING THE BROOKLYN HEIGHTS HISTORIC DISTRICT.

A DISTINGUISHED HERITAGE

SITUATED WITHIN A HALF-BLOCK OF THE BROOKLYN HEIGHTS HISTORIC DISTRICT, THE SYMON AT 76 SCHERMERHORN IS A BOUTIQUE NEW DEVELOPMENT COMPRISED OF 59 RESIDENCES. WITH AN ELEVATED DESIGN SENSIBILITY AND NUANCED ATTENTION TO DETAIL, THE SYMON OFFERS A CONTEMPORARY PERSPECTIVE ON THE NEIGHBORHOOD’S TRADITIONAL HOMES.

Developer

Founded in 1976, The Davis Companies has over a 40-year history of successfully investing, managing and developing real estate for its own a…
Details about The Davis Companies