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Apartment
Completed

Sendero Verde

1691 Madison Avenue, New York, NY 10029., New York City, USA, New York, USA
USD 319,000 - 994000

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Overview

Bedrooms1-3
Bathrooms1-2
Area46 sqm
Year Built2022

The largest Passive House residential development in New York City, located in East Harlem.

Building/Community Amenities

  • 24/7 Security
  • 24/7 Maintenance
  • Balcony / Patio / Terrace
  • Bike Storage & Repair
  • Business Center / Co-working Space
  • Clubhouse / Resident Lounge
  • Community Garden
  • Dishwasher
  • Fitness Center / Gym
  • High-Speed Internet / Wi-Fi
  • In-Unit Laundry (Washer & Dryer)
  • Kitchen Appliances
  • Laundry Facilities
  • Near Public Transportation
  • On-site Management
  • On-site Maintenance
  • Package Service / Lockers
  • Park
  • Party / Event Room
  • Playground / Kids Play Area
  • Rooftop Deck / Terrace

Investment Insights

Investment Analysis

Investment Summary

Property Price:$319,000
Down Payment (30%):$95,700
Total Investment:$0
Monthly Rental Income:$0
Net Annual Rental Income:$0
Future Property Value:$0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Foreign Ownership: There are no federal restrictions on foreign nationals buying property in the United States, making it accessible for international investors.

Tax Considerations

Property Taxes

property taxes vary by state and locality

Transfer Tax

transfer tax at purchase, ranging from 0

Inheritance Tax

Capital gains tax applies to profits from the sale of property, with rates varying between 0% and 20% depending on the duration of ownership and income level

Important Considerations

Restrictions

  • Foreign Ownership: There are no federal restrictions on foreign nationals buying property in the United States, making it accessible for international investors.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    $95,700
    Loan Amount:$223,300
    Monthly Payment:$0
    Total Payment:$0
    Total Interest:$0

    Financing in USA

    The United States offers a diverse range of property financing options for foreign buyers, making it an attractive destination for real estate investments. With loan-to-value (LTV) ratios typically ranging around 60% to 70% for non-residents, foreign investors can leverage competitive mortgage terms to secure properties. The U.S. real estate market is known for its transparency, stable legal frameworks, and potential for appreciation, drawing international buyers seeking solid investment opportunities. Understanding the variety of financing avenues, including local mortgages and developer financing, is crucial for making informed decisions in this lucrative market.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income (e.g., tax returns, pay stubs)
    • 3
      Bank statements (typically 6-12 months)
    • 4
      Credit history report
    • 5
      Property appraisal
    • 6
      Down payment (usually 30% or more)
    • 7
      U.S. bank account
    Popular Lenders

    Contact Information

    Jonathan Rose Cos. & L+M

    Jonathan Rose Cos. & L+M

    Property Developer

    Verified

    917-542-3600

    info@rosecompanies.com

    www.rosecompanies.com

    Contact Developer

    Mention property ID: Sendero Verde when contacting.

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