554 Fourth Avenue in New York

Name: Sales in 554 Fourth Avenue started!
Start: 2020-08-27T07:10:57.887010+00:00
End: 2023-12-31T23:59:59+0000
Location: 554 Fourth Avenue

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Project info

Object ID: 8893

Finished at	November 2019
Price, m²	From 10150$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	11
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

598,850$

Net profit

7,229$

Payback period

63.1 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 554 Fourth Avenue

About the project

Introducing 554 Fourth Ave, a striking new condominium development with a captivating contemporary glass façade, featuring an extraordinary collection of 1& 2 bedroom residences located in Park Slope, an elegant neighborhood surrounded by tree-lined streets and magnificent turn-of-the-century architecture. Experience awe-inspiring Manhattan, East River, Statue of Liberty and sunset views from each meticulously crafted residence with the highest quality materials and exceptional attention to detail, with equally positioned units allowing for several combination possibilities. Take advantage of top-rated restaurants, excellent shopping and exciting nightlife, as well as proximity to the Brooklyn Academy of Music, the Brooklyn Botanic Garden, the Brooklyn Museum as well as the famed Prospect Park.

Developer

We are designers, first and foremost. We believe that good design begins with ideas, and unfolds via subtle compositions of universal elemen…
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