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121 East 22nd in New York

Name: Sales in 121 East 22nd started!
Start: 2020-08-17T09:24:25.701254+00:00
End: 2023-12-31T23:59:59+0000
Location: 121 East 22nd

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Project info

Object ID: 8682

Finished at	September 2019
Price, m²	From 22980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	18
Apartments	133
Building phase	Completed
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

1,309,860$

Net profit

7,229$

Payback period

138.0 years

Avg property value increase per year

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Promos and discounts for 121 East 22nd

About the project

Toll Brothers City Living presents 121 East 22nd, the first residential building in NYC designed by world-renowned architectural firm OMA, founded by Rem Koolhaas. Located at the crossing of the Gramercy Park and Flatiron neighborhoods, the 18-story building offers 140 residences with diverse layouts, a contemporary aesthetic, and a wide array of amenities. The thoughtfully designed homes, which range in size from studio to 5-bedroom, feature high ceilings, oversized windows, and wide plank, white oak floors. Select residences have private outdoor space. The elegant kitchens are equipped with Gaggenau appliances, polished quartz counter tops, and acid-etched, back-painted glass cabinetry with custom millwork interiors. The stunning master bathrooms feature Calacatta Paonazzo marble counter tops, tub decks, and accent walls, and are outfitted with white oak cabinetry, polished chrome Kallista fixtures and acid-etched glass shower doors. Residents will enjoy a carefully curated selection of amenities that includes an indoor pool, a landscaped courtyard, an indoor/outdoor residents' lounge, a rooftop terrace with fire pit and grill, a private dining room and catering kitchen, a fitness center, a screening room, and a children's playroom. The building also offers an automated indoor parking system, bike storage, private storage, a 24/7 attended lobby, and full concierge services.

Developer

Toll Brothers City Living® is the urban development division of Toll Brothers, Inc., the nation's leading builder of luxury homes. Toll Brot…
Details about Toll Brothers City Living