555 West End Avenue in New York

Name: Sales in 555 West End Avenue started!
Start: 2020-08-21T08:29:49.402029+00:00
End: 2023-12-31T23:59:59+0000
Location: 555 West End Avenue

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Project info

Object ID: 8794

Finished at	December 2018
Price, m²	From 31600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 250.00 m²
Floors	8
Apartments	13
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

7,900,000$

Net profit

9,376$

Payback period

672.1 years

Avg property value increase per year

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About the project

555 West End Avenue is a residential project without equal in New York City. Magnificent three- to five-bedroom residences bring together the very best elements of prewar co-ops, condominiums, urban lofts, and townhouses—extraordinary volumes with gracious floor plans and impeccable detailing.

Located one block from Riverside Park and surrounded by the grand apartment houses of prestigious West End Avenue—the Upper West Side’s answer to Park Avenue—555 West End Avenue’s historic Beaux-Arts architecture has character, authenticity, and an old-world sense of craftsmanship and detail that rivals the most exclusive cooperatives on Riverside Drive and Central Park West.