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The Neighborly in New York

Name: Sales in The Neighborly started!
Start: 2020-08-20T08:58:43.230207+00:00
End: 2023-12-31T23:59:59+0000
Location: The Neighborly

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Project info

Object ID: 8771

Finished at	December 2020
Price, m²	From 14625$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	7
Apartments	77
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

585,000$

Net profit

5,883$

Payback period

72.4 years

Avg property value increase per year

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About the project

LIVING SPACES

Open-concept living areas at The Neighborly use space efficiently and are designed to maximize natural light. Wide plank white oak floors and triple pane floor-to-ceiling windows come standard, and private balconies and terraces are luxurious additions.

KITCHENS

Kitchens at The Neighborly are elegant and refined. All are equipped with custom wood veneer cabinets, Signature faucets, sleek white marble countertops and backsplashes, and fully-integrated appliances from Bosch and Blomberg. Most have eat-in peninsulas perfect for quick meals.

BEDROOMS

All the essentials have been taken care of. Bedrooms at The Neighborly are simple, quiet, and have plenty of closet space. Some have private en-suites, while others have attached balconies.

MASTER BATHROOMS

Graced with chic fixtures and clean design themes, master bathrooms at The Neighborly are everything they should be. Features include custom wood veneer cabinets, double sinks with marble countertops, heated stone floors, and Toto toilets.

SECONDARY BATHROOMS

Secondary bathrooms are thoughtfully placed and outfitted with custom wood veneer cabinets, Corian countertops, heated stone floors, and Toto toilets.