Gilded Green in New York

Name: Sales in Gilded Green started!
Start: 2020-08-24T08:31:42.617537+00:00
End: 2023-12-31T23:59:59+0000
Location: Gilded Green

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Project info

Object ID: 8816

Finished at	December 2018
Price, m²	From 12450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	4
Apartments	7
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

634,950$

Net profit

7,229$

Payback period

66.9 years

Avg property value increase per year

Open ROI calculator

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About the project

Introducing the condominium residences at 172 India Street. Nestled in the heart of the charming tree-lined pocket locals know as ‘Greenpoint North,’ 172 India Street is located near both the staple conveniences of Manhattan Avenue and the boutique shops and restaurants along Franklin Street. Enjoy the tranquility that is Greenpoint and still live among the fantastic restaurants, retail and the new waterfront esplanade at Greenpoint Landing. Commuting is made easy with the G train just ½ block away, travel to the 7 train just over the Pulaski Bridge or be among the many lucky ferry-commuters at the Greenpoint waterfront just a straight shot down India street.

Seven intimate, one-bedroom residences grounded by one grand two-bedroom duplex for those who want to live the townhome life. Each residence takes advantage of the abundant natural light through floor to ceiling glass showcasing satin stained natural, wide-plank, white oak floors and the two penthouse apartments enjoy expansive Manhattan views. All but one unit has its own private outdoor space but the common roof deck affords you the additional opportunity to sunbathe, see the July 4th fireworks with all of your friends and take in the full Manhattan skyline.

An efficient kitchen designed with Pine Bianco cabinets comes complete with a Bosch appliance package and polished chrome hardware. The countertops and backsplash are built to last and made of durable white quartz.

Each of the spacious and modern bathrooms are finished with custom vanities and a combination of Geberit, Duravit and Kohler fixtures. Ample closet space is boosted by the additional storage spaces in the basement.

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