6 Star Hotel/Condo Building Midtown NYC
Condo Units in total it’s about 76,000 sq ft unsold and is asking $350 million. Totals approx. 175,000 total Net Salable SF. under $2000per NSF. Year 1 Noi of $12 million. Projected Noi $17.5 million Total for Hotel plus 30 units including PH. The asking price for the Hotel and Units is $620 million. The asking price for the hotel portion of the hotel is $270 million. 6% cap on stabilization. That’s about $1,540 per NSF. There are 114keys -suites and approx
Long Island Waterfront Condominium Project
Purchase of land with all permits to build, US $11 Million. 2-3 years to full completion. Cost of development of 60 luxury condominium + amenities, US $35-37 Million. Expected gross sales over US $80 million plus, Based on 2014 prices. Bank interest for construction loan included. A refundable bond of US$ 5 million is required by the Town Borough to guarantee that this project must commenced construction within a year of purchase of the land.
Price: 15 Million CHF
The Burj Khalifa
The Burj Khalifa is a world-class destination and the stunning centerpiece of Downtown Dubai, Dubai’s new urban masterpiece. The world’s tallest Tower is surrounded by famous hotels, must-visit shopping destinations and a world of entertainment options. The Tower offers wide range amenities such as covered parking, concierge service, security, modern equipped Gym, Shared Spa, etc. Burj Khalifa is centrally located in Downtown Dubai and closed to the entertainment destinations and shopping such as the largest mall in the world the Dubai Mall. It is walking distance to the Souk Al Bahar as well. *there are only 4 apartments with terrace in Burj Khalifa
Selling price: $ 17,222,300