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Lantern House in New York

Name: Sales in Lantern House started!
Start: 2020-08-19T09:28:26.788338+00:00
End: 2023-12-31T23:59:59+0000
Location: Lantern House

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Project info

Object ID: 8743

Finished at	November 2020
Price, m²	From 23540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 72.00 m²
Floors	21
Apartments	181
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

1,694,880$

Net profit

8,283$

Payback period

159.8 years

Avg property value increase per year

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Promos and discounts for Lantern House

About the project

Kitchen Features:

Walnut cabinet interiors.

Custom-designed bronze finish trim and hardware.

Integrated Gaggenau refrigerators with ice makers.

Gaggenau cooktop, wall oven, microwave or speed oven, and dishwasher.

Wine refrigerators.

Waterworks faucet in custom-burnished bronze finish.

Under-mounted stainless-steel sink.

Custom suspended light fixture of bronze-finished metal and specialty glass over kitchen islands.

Pull-out pantry storage in select residences.

InSinkErator garbage disposal.

Best exhaust hoods.

Chevron flooring in select residences.

Oak wood flooring with caramel or cocoa stain throughout.

Full-height convex fluted-oak cabinetry in caramel or cocoa stain.

Upper cabinets with metal-trimmed, back-painted ribbed glass doors.

Polished Calacatta Venato and Nordic Grey marble slab countertops and backsplash.

Master Bath

Nestos Beige marble slab flooring/walls with polished marble countertops, offered in Opal White or Emperador Grey.

Custom vanity featuring fluted-oak cabinetry with caramel or cocoa stain and under-mounted Laufen sink.

Built-in mirror/medicine cabinet with bronze-finished metal, glass wall sconces and fluted mirror panels.

Waterworks fixtures in burnished bronze finish, wall-mounted Toto toilet and radiant floor heating.

Second Bath

Cristallo Pearl honed marble flooring and polished marble wet walls with custom vanities offered in caramel or cocoa stained oak cabinetry, Cristallo Pearl counters and under-mounted Laufen sinks.

Built-in mirrored medicine cabinets with custom designed lighting.

Bathtubs with marble facing or separate stall showers, waterworks fixtures in custom burnished bronze finish, and wall-mounted Toto toilet.

Powder Room

Black onyx honed walls and floors.

Custom cabinets with Opal White marble counter and marble facing, and under-mounted Laufen sink.