Tribeca in Washington

Name: Sales in Tribeca started!
Start: 2020-09-08T10:09:30.051944+00:00
End: 2023-12-31T23:59:59+0000
Location: Tribeca

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Project info

Object ID: 9137

Finished at	May 2021
Price, m²	From 7655$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	13
Apartments	99
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Union Station 2 min NoMa – Gallaudet U 5 min Capitol/South 5 min Capitol South 5 min Navy Yard 8 min Federal Center SW 10 min Federal/Center SW 10 min Judiciary Square 11 min Fort Totten 12 min Waterfront 13 min Rhode Island 13 min Eastern Market 14 min Mount Vernon Square 15 min Mount Vernon/Square 15 min L'Enfant Plaza 16 min L'Enfant/Plaza 16 min Shaw – Howard University 16 min Shaw – Howard/University 16 min Brookland–CUA 16 min Gallery/Place 16 min Gallery Place 16 min Archives 16 min Anacostia 18 min Georgia Avenue/Petworth 19 min Georgia Avenue – Petworth 19 min Takoma 20 min
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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

489,920$

Net profit

7,813$

Payback period

48.5 years

Avg property value increase per year

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About the project

TRIBECA, inspired by the iconic New York neighborhood and branded in homage to the street on which it sits, embodies the culture of urban living with well-appointed sophistication and unique style. Premium finishes, clean yet bold design, and astute attention to detail set this new residence apart from all others.

Like its namesake, TRIBECA is perfectly positioned in a thriving mixed-use neighborhood and sits mere steps to both Union Market as well as the NoMa Metro. These new residences satisfy the need for a modern expression of a cultivated lifestyle.