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25 Park Row in New York

Name: Sales in 25 Park Row started!
Start: 2020-08-18T07:28:27.419394+00:00
End: 2023-12-31T23:59:59+0000
Location: 25 Park Row

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Project info

Object ID: 8701

Finished at	December 2020
Price, m²	From 20200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 92.00 m²
Floors	50
Apartments	110
Condition	Turnkey
Construction type	Monolyth
Security	CCTV 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

1,858,400$

Net profit

9,376$

Payback period

158.1 years

Avg property value increase per year

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About the project

A timeless residential tower joins the architectural icons surrounding historic City Hall Park.

Every condominium residence enjoys exquisite amenities and unmatched views over the park. Sweeping panoramas include the Hudson River, the Woolworth Building, the Brooklyn Bridge, One World Trade, and the splendor of all there is at the center of the New Downtown.

Developer

We are known for our ability to assemble the right team to handle each phase of development and ensure that diverse interests are aligned. O…
Details about L+M Development Partners, Inc.