18 By The Park in New York

Name: Sales in 18 By The Park started!
Start: 2020-08-20T11:53:24.091621+00:00
End: 2023-12-31T23:59:59+0000
Location: 18 By The Park

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Project info

Object ID: 8779

Finished at	December 2020
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	4
Apartments	7
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

548,800$

Net profit

7,229$

Payback period

57.8 years

Avg property value increase per year

Open ROI calculator

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About the project

18 By The Park is a brand new boutique condominium located in Bedford-Stuyvesant. The building has a charming brownstone façade, a video intercom system, and private storage units. It is surrounded by restaurants, bars, cafes, grocery stores, and shops, and is close to Herbert Von King Park, Kosciuszko Pool, and Brooklyn Stuy Dome. Nearby subway lines include the J and G. Pets are welcome.