ABI Chelsea in New York

Name: Sales in ABI Chelsea started!
Start: 2020-08-24T11:27:14.931831+00:00
End: 2023-12-31T23:59:59+0000
Location: ABI Chelsea

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Project info

Object ID: 8823

Finished at	December 2020
Price, m²	From 32860$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 250.00 m²
Floors	10
Apartments	10
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

8,215,000$

Net profit

9,376$

Payback period

698.9 years

Avg property value increase per year

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About the project

Brand ABI landmark project for the United States located in the Chelsea District of West 19th street, New York City. Comprising 10 floors of luxury living in addition to a ground level area fashioned for 5,000 sqft of prime commercial space; all situated within the cultural, business and residential epicenter of New York City – with building location visibly adjacent to the Manhattan High Line.