148 West Street in New York

Name: Sales in 148 West Street started!
Start: 2020-08-24T08:09:38.761507+00:00
End: 2023-12-31T23:59:59+0000
Location: 148 West Street

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Project info

Object ID: 8814

Finished at	September 2018
Price, m²	From 15000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	4
Apartments	5
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

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

1,800,000$

Net profit

9,376$

Payback period

153.1 years

Avg property value increase per year

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About the project

Introducing the condominium residences at 148 West street; an exclusive boutique condominium featuring five residences; each one with private outdoor space.

148 West Street is situated in an ideal location between India and Java, across the street from the Greenpoint ferry stop and 1.5 blocks away from the Greenpoint Avenue G Train. Enjoy the tranquility that is the Greenpoint waterfront and still live among the amazing restaurants and retail on Franklin Avenue and Manhattan Avenue.

Throughout the building, the thoughtfully-designed kitchens boast a Bosch appliance package with soft closing grey and white gloss cabinets and stainless steel hardware from Blanco. The countertops and backsplash are durable Quartz in Raw Concrete. Custom shelving means that every wall and corner are utilized.

Modern bathrooms are finished with custom storage vanities, handsome brushed nickel hardware from Brizo, wall-hung fixtures and gorgeous porcelain tile on the floors and surrounding the walls; with the Master baths additionally featuring double sink vanities and glass enclosed oversized showers.

Entertain on the common roof deck or just take in the magnificent city views. Each home has an additional storage space in the basement and most include direct elevator access. The low carrying charge rounds out the perfect home investment that is 148 West Street.

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