100 Franklin Street in New York

Name: Sales in 100 Franklin Street started!
Start: 2020-08-14T07:09:54.746783+00:00
End: 2023-12-31T23:59:59+0000
Location: 100 Franklin Street

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Project info

Object ID: 8654

Finished at	June 2017
Price, m²	From 21900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	8
Apartments	10
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking 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

2,847,000$

Net profit

9,376$

Payback period

242.2 years

Avg property value increase per year

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About the project

100 Franklin introduces an unmatched level of exclusivity to Tribeca. Comprising two buildings nestled on the corner of Franklin Street and Sixth Avenue, the condominium is made up entirely of floor-through residences and duplex penthouses, totaling 10 two- and three-bedroom residences. 100 Franklin is establishing new standards of home living in one of Manhattan’s iconic neighborhoods.

Developer

DDG invests economic and intellectual capital where it can use innovative design solutions to improve the built environment, creating value …
Details about DDG