424 West 52nd Street in New York

Name: Sales in 424 West 52nd Street started!
Start: 2020-08-20T08:53:47.913856+00:00
End: 2023-12-31T23:59:59+0000
Location: 424 West 52nd Street

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Project info

Object ID: 8769

Finished at	February 2019
Price, m²	From 21500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 86.00 m²
Floors	7
Apartments	7
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten 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

1,849,000$

Net profit

9,376$

Payback period

157.3 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 424 West 52nd Street

About the project

424 West 52nd Street welcomes an abundance of sunlight through its modern glass façade. Seven, full-floor residences provide a retreat amidst lively Hell’s Kitchen. A landscaped roof deck, virtual doorman, and bicycle storage add to the comfort and convenience.

Floor-to-ceiling windows frame lovely sunrises by morning and colorful sunsets by evening, while the interiors are grounded in sumptuous marble and white oak. Extending the indoors out, most homes feature a private balcony for quiet morning meditation

Panoramic windows accentuate the striking residences

Couched in a sophisticated, inviting ambiance, each full-floor home features a private elevator entry, wide-plank white-oak flooring and floor-to-ceiling tripled glazed windows.

The perfect backdrop for cooking a simple weeknight meal or a celebratory spread.

Modern crafted kitchens feature polished Emperador gray marble countertops and backsplash, custom two tone cabinetry, LED lighting and an integrated Miele appliance suite

Elevated luxury is found in both master and secondary bathrooms.

Marble makes a statement again in the master bathroom with honed Volakas marble radiant heated floors and a marble herringbone feature wall. Custom white oak wood vanity with white quartz countertops and Waterworks Flyte polished fixtures are contemporary and classic.