The Park Loggia in New York

Name: Sales in The Park Loggia started!
Start: 2020-08-29T08:01:55.438315+00:00
End: 2023-12-31T23:59:59+0000
Location: The Park Loggia

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Project info

Object ID: 8918

Finished at	November 2019
Price, m²	From 19670$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	33
Apartments	172
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Spa Fitness Pool Commercial area 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

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

1,199,870$

Net profit

7,813$

Payback period

118.7 years

Avg property value increase per year

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About the project

Introducing The Park Loggia at 15 West 61st Street, at the intersection of Columbus Circle and Central Park. From its prime location to its sweeping and vast amenities and service offerings, 15 West 61st Street is an embodiment of the surrounding style, sophistication and opportunities.