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70 Vestry in New York

Name: Sales in 70 Vestry started!
Start: 2020-08-19T11:17:03.570857+00:00
End: 2023-12-31T23:59:59+0000
Location: 70 Vestry

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Project info

Object ID: 8746

Finished at	February 2018
Price, m²	From 30400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 230.00 m²
Floors	14
Apartments	46
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near supermarket
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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

6,992,000$

Net profit

9,376$

Payback period

594.8 years

Avg property value increase per year

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About the project

Situated in the perfect TriBeCa location, 70 Vestry offers once-in-a-generation waterfront homes with Hudson River Park at your door and unobstructed, panoramic river views. Developed by Related Companies, 70 Vestry is designed by the legendary Robert A. M. Stern Architects, with 46 residences of voluminous proportions and gracious layouts. Inside, AD100 designer Daniel Romualdez has created distinctively modern and warm interiors using unique materials and inventive methods.

A gated porte-cochère with sentry leads to the elegant private courtyard, as well as the double-height lobby with hand-crafted furniture and commissioned artwork. 70 Vestry offers a complete lifestyle package with over 12,000 square feet of unprecedented amenities, including a wellness level with an 82 foot swimming pool, separate children’s pool, hot and cold plunge pools, steam room and sauna, fitness center by The Wright Fit and a private regulation squash court. Its procession of entertaining spaces offers a café, library, billiards room and lounge and dining suite for seated dinners and cocktail parties, all furnished with 70 Vestry’s signature pairing of classic and contemporary pieces.

Residences range from approximately 2,400 to over 7,000 square feet and include two- to seven- bedroom layouts. Many homes feature libraries, family rooms and studies – and a number of residences also include fireplaces and generous setback terraces with Hudson River views.