41 Great Jones Street in New York

Name: Sales in 41 Great Jones Street started!
Start: 2020-08-20T08:30:17.406041+00:00
End: 2023-12-31T23:59:59+0000
Location: 41 Great Jones Street

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Project info

Object ID: 8765

Finished at	December 2019
Price, m²	From 27800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 395.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

10,981,000$

Net profit

9,376$

Payback period

934.2 years

Avg property value increase per year

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About the project

Nestled along the fabled two-block stretch known as Great Jones Street, 41 Great Jones is a boutique condominium containing three scintillating homes that blend thoughtful layouts with an exquisite selection of contemporary finishes. The new development is a collaboration between experienced developer, Blumenfeld Development Group, and the innovative firm of Morris Adjmi Architects.

Behind a charming brick fac¸ade lie a trio of massive, multi-level residences and a building lobby adorned with Belgian bluestone tile and Kenya Black marble slab walls. Each residence features 10-inch wide European oak floors, airy 10.5-ft ceilings, exposed brick walls, stunning Boffi-designed kitchens, an open plan layout, a private balcony, and over 4,000 square feet of total space.

41 Great Jones sits on the eastern end of Great Jones Street. The street is famous not only because of its inherent exclusivity, but because of a rich and urban history that includes gangsters, artists, and a former New York City Mayor. It is at the nexus of SoHo, the West Village, the East Village, NoLita, and the Lower East Side. The building is close to a collection of trendy restaurants, shops, bars, galleries, theatres, and cafes. The building comes with private storage and a virtual doorman system.