The Venetian Condominiums in New York

Name: Sales in The Venetian Condominiums started!
Start: 2020-07-30T12:49:33.262716+00:00
End: 2023-12-31T23:59:59+0000
Location: The Venetian Condominiums

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Property for sale in The Venetian Condominiums — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 8341

Finished at	December 2016
Price, m²	From 10350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	5
Apartments	33
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

828,000$

Net profit

8,283$

Payback period

78.1 years

Avg property value increase per year

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About the project

Each residence features state of the art finishes, spacious layouts and an inspiring attention to detail. The chef's kitchens include side-by- side Sub Zero refrigerators and freezers, Wolf Ranges with double ovens, large double sinks, and Caesarstone countertops. Each bathroom features natural stone and high-end Kohler plumbing fixtures. Every condominium has thermostatically controlled HVAC systems, washers and vented dryers, ample storage space, and engineered walnut flooring. The Venetian Condominium offers amenities that compete with the best buildings in Manhattan and beyond. The grand, double-height lobby is staffed 24 hours a day. Secure, elevator accessed parking is available for purchase. Residents have access to the well-equipped fitness center, children's playroom, residents' lounge, furnished courtyard that includes a children's playground, and two separate 5th floor terraces that have views of Coney Island and the Verrazano Bridge.