11 Hoyt in New York

Name: Sales in 11 Hoyt started!
Start: 2020-07-30T08:17:19.603263+00:00
End: 2023-12-31T23:59:59+0000
Location: 11 Hoyt

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Project info

Object ID: 8328

Finished at	July 2021
Price, m²	From 17300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	51
Apartments	481
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

709,300$

Net profit

6,783$

Payback period

78.6 years

Avg property value increase per year

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About the project

The graceful 57-story tower, offering studio to four-bedroom luxury residences and more than 55,000 square feet of unrivaled indoor and outdoor amenities, is an extraordinary work of architecture and design. A true collaboration among three celebrated world-class firms–architecture by Studio Gang, interiors by Michaelis Boyd Associates, and landscape architecture by Hollander Design–11 Hoyt is a visionary building that looks to the future while drawing inspiration from Brooklyn’s rich architectural history and creative spirit.