GEOLN.COM 🏠 Real estate in USA New builds in USA New builds in New York 108 Leonard Street

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108 Leonard Street in New York

Name: Sales in 108 Leonard Street started!
Start: 2020-08-14T08:38:37.261535+00:00
End: 2023-12-31T23:59:59+0000
Location: 108 Leonard Street

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Project info

Object ID: 8664

Finished at	November 2019
Price, m²	From 20700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 77.00 m²
Floors	13
Apartments	152
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near supermarket
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Personal discount certificate 300$
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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

1,593,900$

Net profit

8,283$

Payback period

150.3 years

Avg property value increase per year

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About the project

108 Leonard pays homage to the most coveted elements of an architectural masterpiece, including dramatic details of scale, proportion, and volume. Here, ornamental majesty and historic provenance are paired anew with fresh, modern forms and contemporary design priorities.

Award-winning hospitality design firm Jeffrey Beers International has meticulously restored renowned architect McKim Mead & White’s Italian Renaissance Revival landmark. Beers has masterfully imbued a distinctly contemporary yet timeless point of view within Tribeca’s most iconic century-old building.