111 Murray in New York

Name: Sales in 111 Murray started!
Start: 2020-08-17T08:33:06.177572+00:00
End: 2023-12-31T23:59:59+0000
Location: 111 Murray

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Project info

Object ID: 8676

Finished at	December 2018
Price, m²	From 28300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 77.00 m²
Floors	62
Apartments	157
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa 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

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

2,179,100$

Net profit

8,283$

Payback period

205.5 years

Avg property value increase per year

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About the project

The soaring silhouette of 111 Murray Street graces the New York City skyline with a bold new shape. Designed by acclaimed architects Kohn Pedersen Fox Associates, the sculptural tower gently expands as it moves upwards culminating in a graceful, distinctive crown.

Curved glass elegantly wraps the 64 floors, meeting in an architectural reveal that gives strong definition to the rounded form. The crystalline façade is visually striking from both outside and inside the building, offering uninterrupted views of the city and its surrounding rivers in every direction.

Developer

We are changing with the world, creating a new typology for building places and businesses that connect with individuals, communities, and c…
Details about Witkoff Group