335-341 Nostrand Avenue in New York

Name: Sales in 335-341 Nostrand Avenue started!
Start: 2020-08-19T08:58:00.333356+00:00
End: 2023-12-31T23:59:59+0000
Location: 335-341 Nostrand Avenue

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Project info

Object ID: 8740

Finished at	October 2019
Price, m²	From 7840$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	5
Apartments	20
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

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

337,120$

Net profit

6,783$

Payback period

37.3 years

Avg property value increase per year

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About the project

335-341 Nostrand Avenue is a brand-new boutique condominium in Bedford Stuyvesant, Brooklyn, a neighborhood famous for its vibrancy and strong sense of community. This stunning new real estate development offers residents the perfect Brooklyn experience: a sophisticated, modern home set in a classic, historic neighborhood. Soak in BedStuy's charming local color as you reside just steps away from some of the areas best restaurants, cafes, nightlife, and shopping. Commuting into Manhattan is a breeze as the residence is just a few short blocks from the Express A/C train on Fulton Street and the G train on Lafayette Avenue. You can also take in breathtaking views of Manhattan from afar as you enjoy the residences common roof deck. Each Threefold signature property offers residents the opportunity to experience famed New York luxury living. Designed and built to match Threefold's own rigorous standards for excellent living, each Threefold residence is a unique creation and a desirable dwelling. Immaculately decorated and expertly crafted, Threefold apartments are a pleasure to call home.