1 Brooklyn Bay Condominiums in New York

Name: Sales in 1 Brooklyn Bay Condominiums started!
Start: 2020-08-14T06:37:06.209072+00:00
End: 2023-12-31T23:59:59+0000
Location: 1 Brooklyn Bay Condominiums

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Project info

Object ID: 8650

Finished at	December 2018
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 95.00 m²
Floors	30
Apartments	56
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness 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

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

931,000$

Net profit

9,376$

Payback period

79.2 years

Avg property value increase per year

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About the project

With a bold contemporary design that reaches thirty stories high atop extensive landscaped grounds, 1 Brooklyn Bay presents a new vision for Brooklyn living. Rising amid the historic waterfront community of Sheepshead Bay, the one- to four-bedroom condominiums emphasize exceptional views of the Atlantic Ocean, New York Harbor, Manhattan skyline and beyond.

Developer

Muss Development has grown to become one of the largest real estate development companies in New York City, building more than 15 million sq…
Details about Muss Development