The Lindley in New York

Name: Sales in The Lindley started!
Start: 2020-08-25T06:53:09.864367+00:00
End: 2023-12-31T23:59:59+0000
Location: The Lindley

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Project info

Object ID: 8835

Finished at	May 2018
Price, m²	From 20000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 81.00 m²
Floors	20
Apartments	74
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness 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

1,620,000$

Net profit

9,376$

Payback period

137.8 years

Avg property value increase per year

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About the project

THE LINDLEY — 74 luxury Murray Hill condos crafted for sensible New York living. Through smart design and thoughtful planning, Rawlings architects streamlines daily life. Centrally located in Murray Hill, The Lindley offers residents quick access to five subway lines (4,5,6,7,S), MetroNorth Commuter Trains, the expanding East River Ferry, Midtown Tunnel and the future Second Avenue Subway. This neighborhood is rich in history and in the midst of a cultural renaissance—featuring renowned schools, museums, cultural resources like the J.P. Morgan Library, international consulates and the city’s best medical facilities. As famous for its nightlife and cafes, as it is for its greenspace and playgrounds, Murray Hill is a popular locale for families, couples and young professionals alike.