41° North in New York

Name: Sales in 41° North started!
Start: 2020-08-20T08:37:31.749479+00:00
End: 2023-12-31T23:59:59+0000
Location: 41° North

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Project info

Object ID: 8766

Finished at	December 2020
Price, m²	From 6100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	2
Apartments	32
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Spa Fitness Pool Kids playground 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

488,000$

Net profit

8,283$

Payback period

46.0 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 41° North

About the project

City Island with its miles of scenic shoreline, picturesque streets and rich seafaring history is like no other place in New York City. Now you can live like no one else at 41° North, a new boutique condominium fronting Long Island Sound featuring all the luxury amenities you’ve come to expect at an unexpected price.

Each quality-constructed one, two and three-bedroom home comes with private balconies or terraces, two indoor parking spaces for your cars and one 30’ outdoor parking space (your own slip!) for your boat or watercraft. You’ll also enjoy a splendid fitness center, and rooftop relaxation amenities featuring a waterfront pool, spa, community kitchen with grilling station and private patio areas.

Developer

Blitman Development Corporation (BDC) has been building homes for over 50 years and is responsible for many of the region’s most exceptional…
Details about Blitman Development Corporation