Mylo House in New York

Name: Sales in Mylo House started!
Start: 2020-08-25T11:14:16.392078+00:00
End: 2023-12-31T23:59:59+0000
Location: Mylo House

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Project info

Object ID: 8852

Finished at	December 2018
Price, m²	From 9290$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 86.00 m²
Floors	4
Apartments	12
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

798,940$

Net profit

9,376$

Payback period

68.0 years

Avg property value increase per year

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About the project

Located in Greenpoint, Brooklyn just a few blocks from the lush McGolrick Park, Mylo House is a new boutique condominium that spreads 21 gorgeous residences across three contiguous buildings. Mylo House blends a contemporary aesthetic while drawing inspiration from the neighborhood’s industrial past. The result is an eclectic collection of incredibly unique homes, including Studio,1-bedroom and 2-bedroom loft-like duplex homes.