260 Bowery in New York

Name: Sales in 260 Bowery started!
Start: 2020-08-18T08:38:06.755436+00:00
End: 2023-12-31T23:59:59+0000
Location: 260 Bowery

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Project info

Object ID: 8710

Finished at	June 2019
Price, m²	From 21350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 185.00 m²
Floors	8
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area 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

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

3,949,750$

Net profit

9,376$

Payback period

336.0 years

Avg property value increase per year

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About the project

A limited collection of condominium residences, including one captivating penthouse housed within beautiful architectural masonry.

These three and four bedroom full floor residences each feature outdoor space. Amenities include virtual doorman, bike room, storage and rooftop terrace with outdoor kitchen.

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