Quincy Manor in New York

Name: Sales in Quincy Manor started!
Start: 2020-08-24T08:17:33.122829+00:00
End: 2023-12-31T23:59:59+0000
Location: Quincy Manor

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Project info

Object ID: 8815

Finished at	March 2017
Price, m²	From 8500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 103.00 m²
Floors	4
Apartments	4
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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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

875,500$

Net profit

9,376$

Payback period

74.5 years

Avg property value increase per year

Open ROI calculator

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About the project

A brand new boutique condominium located in the heart of Bedford-Stuyvesant, Quincy Manor is a modern interpretation of classic Brooklyn charm. The project is the latest by M Development, an experienced New York City-based developer specializing in luxury residences throughout all five boroughs.

The building features 4 spectacular units, and each one is graced with thoughtful layouts, oak wood floors, huge casement windows from Pella, central heat and air, and kitchens equipped with custom cabinetry, Formica countertops, and a suite of sleek appliances. Each home also possesses private outdoor space.

Quincy Manor is close to a number of restaurants, bars, and cafes that line Tompkins Avenue, and is just a few blocks away from Herbert Von King Park and the G train. Private storage is available.

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