792 Classon Avenue in New York

Name: Sales in 792 Classon Avenue started!
Start: 2020-08-24T07:58:46.962140+00:00
End: 2023-12-31T23:59:59+0000
Location: 792 Classon Avenue

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Project info

Object ID: 8813

Finished at	December 2018
Price, m²	From 20500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	6
Apartments	8
Building phase	Completed
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

1,127,500$

Net profit

7,229$

Payback period

118.7 years

Avg property value increase per year

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About the project

Introducing the boutique condominium residences of 792 Classon Avenue. Perfectly juxtaposed between Prospect Heights, Park Slope and Crown Heights on tree-lined Classon Avenue. Life at 792 Classon boasts classic Brooklyn living, enjoy everything that the neighborhood offers, The Brooklyn Botanical Garden, The Brooklyn Museum and not to mention Prospect Park. Browse the boutique shops and restaurants along Franklin, Vanderbilt and Washington Avenues. Commuting is easy no matter where you venture with the 2,3,4, and 5 trains just a few blocks away.

Developer

M Development is a leading real estate development and investment firm based in New York City. We work with the city's top architects and in…
Details about M Development