Eight St. Marks Place in New York

Name: Sales in Eight St. Marks Place started!
Start: 2020-08-18T11:01:29.831691+00:00
End: 2023-12-31T23:59:59+0000
Location: Eight St. Marks Place

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Project info

Object ID: 8715

Finished at	August 2019
Price, m²	From 12700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	8
Apartments	13
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
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

1,460,500$

Net profit

9,376$

Payback period

124.2 years

Avg property value increase per year

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About the project

Interiors at Eight St. Marks Place display quiet elegance; comprised of oversized windows with multiple exposures, wide-plank white oak flooring, and open living areas.

Custom-built kitchens feature white oak and charcoal gray cabinetry, honed Basaltina countertops, and Frigidaire induction cooktops. The sleek, modern bathrooms feature anthracite porcelain mosaic tile, oak vanities, and Grohe chrome fixtures.

Most residences include private elevator access and select homes feature private outdoor space, including charming gardens and roof terraces with expansive Brooklyn views.