Polhemus Residences in New York

Name: Sales in Polhemus Residences started!
Start: 2020-08-26T09:06:44.508932+00:00
End: 2023-12-31T23:59:59+0000
Location: Polhemus Residences

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Project info

Object ID: 8871

Finished at	July 2019
Price, m²	From 18750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 180.00 m²
Floors	7
Apartments	17
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness 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

3,375,000$

Net profit

9,376$

Payback period

287.1 years

Avg property value increase per year

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Promos and discounts for Polhemus Residences

About the project

Designed to be noticed. The Polhemus was the first 'skyscraper' hospital ever built. Today, the restored French Renaissance exterior inspires the striking designed loft-like interiors. The boutique collection of seventeen residences is enhanced with a sophisticated level of services and features including an on-site concierge, private underground parking, and three levels of indoor and outdoor social and wellness amenities.

Developer

Innovative, strategic and performance driven, Fortis is a private diversified real estate investment, operating, management and development …
Details about Fortis Property Group LLC