Eleven Hancock in New York

Name: Sales in Eleven Hancock started!
Start: 2020-08-18T08:05:07.987534+00:00
End: 2023-12-31T23:59:59+0000
Location: Eleven Hancock

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Project info

Object ID: 8705

Finished at	December 2020
Price, m²	From 14200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	12
Apartments	71
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

596,400$

Net profit

6,783$

Payback period

66.1 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Eleven Hancock

About the project

ELEVEN HANCOCK IS A NEW YORK RARITY— A HAVEN FOR BODY, MIND, HEART AND SOUL.

Welcome to Eleven Hancock at Morningside Park, Harlem. With a sense of boundless space, abundant natural light and the city’s most vibrant and dynamic neighborhood on your doorstep.

Developer

Nortco Development is a privately held real estate development and investment firm based in New York City. Founded by Haim and Rony Nortman …
Details about Nortco