505 Clinton Lofts in New York

Name: Sales in 505 Clinton Lofts started!
Start: 2020-08-21T07:51:20.678479+00:00
End: 2023-12-31T23:59:59+0000
Location: 505 Clinton Lofts

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Project info

Object ID: 8791

Finished at	December 2019
Price, m²	From 8490$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 106.00 m²
Floors	6
Apartments	11
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

899,940$

Net profit

9,376$

Payback period

76.6 years

Avg property value increase per year

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Promos and discounts for 505 Clinton Lofts

About the project

505 Clinton Lofts is tucked away on a charming tree-lined street in historic Clinton Hill, where homeowners will enjoy a quiet oasis at the epicenter of one of the most desirable neighborhoods in Brooklyn. The building's unique facade features dramatic and industrial chic floor-to-ceiling windows flooding each of the residences with natural light and remarkable views.

505 Clinton Lofts is set to re-shape the vibrant Clinton Hill neighborhood. Thoughtfully designed by Dimora NYC Inc., 505 Clinton Avenue is a mix of one, two and three bedroom homes. Designed with an appreciation for industrial architecture, these stunning residences with floor-to-ceiling windows and exposed beams will transcend the Clinton Hill area.