856 Washington Avenue in New York

Name: Sales in 856 Washington Avenue started!
Start: 2020-08-21T09:03:12.847954+00:00
End: 2023-12-31T23:59:59+0000
Location: 856 Washington Avenue

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Project info

Object ID: 8799

Finished at	September 2019
Price, m²	From 13055$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	14
Apartments	26
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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Personal discount certificate 300$
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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

1,174,950$

Net profit

9,376$

Payback period

100.0 years

Avg property value increase per year

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Promos and discounts for 856 Washington Avenue

About the project

Timeless living is the vision for 856 Washington, where the energy of the city is infused with graceful touches of home. Twenty-six oversized two- and three bedroom residences allow for an upscale living experience with room to relax.

This exceptional collection of boutique condominium residences offers a unique assortment of contemporary finishes and sweeping views of the New York skyline, providing the perfect combination of elegance and brilliance.

Developer

The Daten Group LLC (“Daten”) is a full service real estate investment, development and consulting firm. Since its inception in 2001, Daten …
Details about The Daten Group