The Bond in New York

Name: Sales in The Bond started!
Start: 2020-08-27T06:52:59.279785+00:00
End: 2023-12-31T23:59:59+0000
Location: The Bond

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Project info

Object ID: 8891

Finished at	October 2019
Price, m²	From 13900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	7
Apartments	42
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

889,600$

Net profit

7,813$

Payback period

88.0 years

Avg property value increase per year

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About the project

This stylish collection of residences in Long Island City re-conceptualizes the neighborhood’s industrial legacy. Where paper factories once stood, The Bond stands out, exuding LIC’s brash bold spirit of innovation. The result is comfortably chic 1 to 3 bedroom residences that enliven the neighborhood — a rare combination of design and distinguished functionality.

Infused with carefully considered elements that enhance the living experience, the 42-unit building is reflective of its commitment to the neighborhood aesthetic. Located close to the water and Gantry State Park, residents are within reach of all that LIC has to offer.

The striking brick and glass exterior sets the tone for the residences inside. Clean, modern lines blend with premium finishes and exclusive details in harmonious balance

Developer

Since 1984, Lions Group has excelled in driving quality projects within the famously aggressive New York real estate market. Extensive exper…
Details about New York Lions Group