550 Vanderbilt in New York

Name: Sales in 550 Vanderbilt started!
Start: 2020-08-11T08:47:34.626338+00:00
End: 2023-12-31T23:59:59+0000
Location: 550 Vanderbilt

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Project info

Object ID: 8549

Finished at	June 2017
Price, m²	From 14950$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 97.00 m²
Floors	17
Apartments	278
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness 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

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

1,450,150$

Net profit

9,376$

Payback period

123.4 years

Avg property value increase per year

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Promos and discounts for 550 Vanderbilt

About the project

At the intersection of five of the borough’s most desirable neighborhoods, this unique full-service condominium residence introduces a new way of living in Brooklyn. A look and feel that blends gracefully with the historic Brooklyn landscape, 550 Vanderbilt is an example of exceptional craftsmanship executed with future generations in mind.

Welcome to 550 Vanderbilt, the gateway to a new community at Pacific Park.

Developer

Established in Shanghai, China on July 18, 1992, Greenland Holding Group Co. Limited (also known as “Greenland Group”) holds an asset size o…
Details about Greenland USA