906 Prospect Place in New York

Name: Sales in 906 Prospect Place started!
Start: 2020-08-18T08:33:22.679730+00:00
End: 2023-12-31T23:59:59+0000
Location: 906 Prospect Place

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Project info

Object ID: 8709

Finished at	December 2020
Price, m²	From 11300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	5
Apartments	22
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

655,400$

Net profit

7,229$

Payback period

69.0 years

Avg property value increase per year

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Promos and discounts for 906 Prospect Place

About the project

906 Prospect honors Brooklyn’s brick-and-stone charm with open interiors that boast modern luxury and conveniences. Serviced by six different subway lines, just a 30-minute commute to midtown Manhattan and discover all of brownstone Brooklyn outside your door.

Developer

Nexus Building Development Group is a full-service privately held real estate development company. Founded in 2009 by Shaky Cohen, Nexus Gr…
Details about Nexus Building Development Group