4907 4th Avenue in New York

Name: Sales in 4907 4th Avenue started!
Start: 2020-08-21T07:14:50.582785+00:00
End: 2023-12-31T23:59:59+0000
Location: 4907 4th Avenue

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Project info

Object ID: 8786

Finished at	November 2018
Price, m²	From 10100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	7
Apartments	25
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
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

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

525,200$

Net profit

7,229$

Payback period

55.3 years

Avg property value increase per year

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Promos and discounts for 4907 4th Avenue

About the project

Welcome to the Newest Condos in Sunset Park on Brooklyn's coveted Marathon Route, 4th Ave

4907 Fourth offers tremendous value with spacious and efficient layouts, convenient amenities, and mesmerizing waterfront views of the Statue of Liberty and city skyline.

This new development comes with a 15-year tax abatement in Sunset Park, where investing as a homeowner has never been a better opportunity. Layouts are smartly designed with tasteful finishes to maximize living space. Each home includes floor to ceiling windows, bamboo floors, and washer/dryer hook-ups. Balconies accompany the east facing condos offering cozy outdoor spaces. Each home features gorgeous views of the Hudson River waterfront, charming streetscapes, or leafy tableaus of the surrounding Sunset Park neighborhood. This elevator building includes a large, amply-furnished gym, furnished lounge, giant roof deck, and outdoor play area. Conveniently located only three blocks from the R train.