The Rowan Astoria in New York

Name: Sales in The Rowan Astoria started!
Start: 2020-08-29T09:11:31.832639+00:00
End: 2023-12-31T23:59:59+0000
Location: The Rowan Astoria

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Project info

Object ID: 8925

Finished at	July 2020
Price, m²	From 13875$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	6
Apartments	46
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Spa Fitness Pool Commercial area 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

555,000$

Net profit

5,883$

Payback period

68.7 years

Avg property value increase per year

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About the project

Serenity greets you the moment you enter The Rowan. Designed by acclaimed DXA Studio, natural light, organic materials, and verdant plantings intertwine to create an intimate escape in the heart of Astoria.

Upon arrival, a verdant allée greets residents and guests, guiding them into the sun-splashed glass Lobby as the outside world melts away. The Sensory Garden is found just beyond, at the nexus of the building, providing a perfect setting for contemplative moments or social gatherings.