Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective...

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Hunter College Housing Opportunities Apartments at 119 th Street and 3 rd Avenue

Transcript of Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective...

Page 1: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

Hunter College Housing Opportunities

Apartments at 119th Street and 3rd Avenuep

Page 2: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

We are pleased to announce an exciting, affordable housing opportunity for the Hunteraffordable housing opportunity for the Hunter 

College community.The facilities include:

– On‐site Gym– Full‐time Doorman

Live in Super and Porter– Live‐in Super and Porter– Rooftop Terrace for use by All Tenants– Under‐building Parking– Building Management by one of NYC’s Top Developers

Thanks to an agreement between Hunter College and thebuilding developer the Hunter community is being offered abuilding developer, the Hunter community is being offered asignificant discount off the published rental rates. Apartmentsrange from studios to 3 bedrooms. All rental agreements aref i d f 26 thfor a period of 26 months.

Page 3: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

Example 1: Studio Apartmentp pEffective Average Rent ‐ $1,353/month if a lease is signed by August 15th.  Savings of 30% off avg. published rate.

“K” Line apartments: 600 Sq. Ft., 1 Bathroom, Washer/Dryer

Kitchen: 8’x7’10”

Li i /Sl i ALiving/Sleeping Area: 19’5”x16’5” 

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Example 2: One Bedroom Apartment

“C” Line Apartments, 685 Sq. Ft., 1 Bedroom, 1 Bathroom, Washer/Dryer, Optional Terrace 

Effective Average Rent ‐ $1,775/month if a lease is signed by August 15th.  Savings of 30% off avg. published rate.

Bedroom: 12’2”x11’8”

Terrace: 68 Sq. Ft.

Kitchen: 9’8”x5’9”

Living Room: 19’3”x12’3”

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Example 3: Two Bedroom ApartmentEffective Average Rent ‐ $2,320/month if a lease is signed by August 15th.  Savings of 30% off avg. published rate.

“D” Line apartments: 1,120 Sq. Ft., 2 Bedrooms, 1.5 Bathrooms, Washer/Dryer

Bedroom: 14’5”x13’

Bedroom: 13’5”x11’9”Bedroom: 13 5 x11 9

Kitchen: 16’2”x8’5”

Li i R 16’8” 12’11”Living Room: 16’8”x12’11”

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Example 4: Three Bedroom ApartmentEffective Average Rent ‐ $2,935/month if a lease is signed by August 15th.  Savings of 30% off avg. published rate.

Penthouse 2, Apt. B: 1,595 Sq. Ft., 3 Bedrooms, 2.5 Bathrooms, Washer/Dryer, Terrace

Terrace: 75 sq. ft.

Bedroom: 16’6” x 16’

Living Room: 16’7” x 16’4”

Kitchen: 13’1” x 8’1”

Bedroom: 15’1” x 14’

Bedroom: 16’5” x 12’8” 

Living Room: 16 7  x 16 4

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Fitness CenterFree Use for Duration of Lease

Page 8: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

Studio 1‐BR 2‐BR 3‐BRAverage Published 

Rate $1,925 $2,525 $3,300 $4,175

Rent By August 15th

Discount Tier 1:Deposit $1,636 $2,146 $2,805 $3,549

Month 1 $0 $0 $0 $0Month 2 $1,636 $2,146 $2,805 $3,549Month 3 $1,636 $2,146 $2,805 $3,549Month 4 $1,636 $2,146 $2,805 $3,549

h $ $ $ $

Rent by August 15th 2009

Month 5 $1,636 $2,146 $2,805 $3,549Month 6 $1,636 $2,146 $2,805 $3,549Month 7 $1,636 $2,146 $2,805 $3,549Month 8 $0 $0 $0 $0Month 9 $1,636 $2,146 $2,805 $3,549Month 10 $1 636 $2 146 $2 805 $3 54915 2009.

For Illustrative Purposes ONLY15% off base + 4 5 months

Month 10 $1,636 $2,146 $2,805 $3,549Month 11 $1,636 $2,146 $2,805 $3,549Month 12 $1,636 $2,146 $2,805 $3,549Month 13 $1,636 $2,146 $2,805 $3,549Month 14 $1,636 $2,146 $2,805 $3,549Month 15 $1,636 $2,146 $2,805 $3,54915% off base + 4.5 months 

free rent.Month 15 $1,636 $2,146 $2,805 $3,549Month 16 $0 $0 $0 $0Month 17 $1,636 $2,146 $2,805 $3,549Month 18 $1,636 $2,146 $2,805 $3,549Month 19 $1,636 $2,146 $2,805 $3,549Month 20 $1,636 $2,146 $2,805 $3,549Month 21 $1,636 $2,146 $2,805 $3,549Month 22 $1,636 $2,146 $2,805 $3,549Month 23 $1,636 $2,146 $2,805 $3,549Month 24 $0 $0 $0 $0Month 25 $1,636 $2,146 $2,805 $3,549Month 26 $818 $1,073 $1,403 $1,775

Subtotal (rent only) $35,174 $46,139 $60,308 $76,304Total (incl. Deposit $36,810 $48,285 $63,113 $79,853

Effective Monthly Rent is 30% off Published Rates.

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Studio 1‐BR 2‐BR 3‐BRAverage Published 

Rate $1,925 $2,525 $3,300 $4,175

Rent By September 1st

Discount Tier 2:Rent by

Deposit $1,636 $2,146 $2,805 $3,549Month 1 $0 $0 $0 $0Month 2 $1,636 $2,146 $2,805 $3,549Month 3 $1,636 $2,146 $2,805 $3,549Month 4 $1,636 $2,146 $2,805 $3,549

h $ $ $ $Rent by September 1st

Month 5 $1,636 $2,146 $2,805 $3,549Month 6 $1,636 $2,146 $2,805 $3,549Month 7 $1,636 $2,146 $2,805 $3,549Month 8 $1,636 $2,146 $2,805 $3,549Month 9 $1,636 $2,146 $2,805 $3,549Month 10 $1 636 $2 146 $2 805 $3 549

2009.For Illustrative Purposes ONLY

Month 10 $1,636 $2,146 $2,805 $3,549Month 11 $1,636 $2,146 $2,805 $3,549Month 12 $1,636 $2,146 $2,805 $3,549Month 13 $0 $0 $0 $0Month 14 $1,636 $2,146 $2,805 $3,549Month 15 $1,636 $2,146 $2,805 $3,549p

15% off base + 2.5 months free rent.

Month 15 $1,636 $2,146 $2,805 $3,549Month 16 $1,636 $2,146 $2,805 $3,549Month 17 $1,636 $2,146 $2,805 $3,549Month 18 $1,636 $2,146 $2,805 $3,549Month 19 $1,636 $2,146 $2,805 $3,549Month 20 $1,636 $2,146 $2,805 $3,549Month 21 $1,636 $2,146 $2,805 $3,549Month 22 $1,636 $2,146 $2,805 $3,549Month 23 $1,636 $2,146 $2,805 $3,549Month 24 $1,636 $2,146 $2,805 $3,549Month 25 $1,636 $2,146 $2,805 $3,549Month 26 $818 $1,073 $1,403 $1,775

Subtotal (rent only) $38,446 $50,431 $65,918 $83,396Total (incl. Deposit $40,082 $52,577 $68,723 $86,945

Effective Rent is 23% off Published Rates.

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Studio 1‐BR 2‐BR 3‐BRAverage Published 

Rate $1,925 $2,525 $3,300 $4,175

Rent By October 1st

Discount Tier 3:Deposit $1,636 $2,146 $2,805 $3,549

Month 1 $1,636 $2,146 $2,805 $3,549Month 2 $1,636 $2,146 $2,805 $3,549Month 3 $1,636 $2,146 $2,805 $3,549Month 4 $1,636 $2,146 $2,805 $3,549

h $ $ $ $

Rent by October 1 t 2009

Month 5 $1,636 $2,146 $2,805 $3,549Month 6 $1,636 $2,146 $2,805 $3,549Month 7 $1,636 $2,146 $2,805 $3,549Month 8 $1,636 $2,146 $2,805 $3,549Month 9 $1,636 $2,146 $2,805 $3,549Month 10 $1 636 $2 146 $2 805 $3 5491st 2009.

For Illustrative Purposes ONLY

Month 10 $1,636 $2,146 $2,805 $3,549Month 11 $1,636 $2,146 $2,805 $3,549Month 12 $1,636 $2,146 $2,805 $3,549Month 13 $1,636 $2,146 $2,805 $3,549Month 14 $1,636 $2,146 $2,805 $3,549Month 15 $1,636 $2,146 $2,805 $3,549

15% off base.Month 15 $1,636 $2,146 $2,805 $3,549Month 16 $1,636 $2,146 $2,805 $3,549Month 17 $1,636 $2,146 $2,805 $3,549Month 18 $1,636 $2,146 $2,805 $3,549Month 19 $1,636 $2,146 $2,805 $3,549Month 20 $1,636 $2,146 $2,805 $3,549Month 21 $1,636 $2,146 $2,805 $3,549Month 22 $1,636 $2,146 $2,805 $3,549Month 23 $1,636 $2,146 $2,805 $3,549Month 24 $1,636 $2,146 $2,805 $3,549Month 25 $1,636 $2,146 $2,805 $3,549Month 26 $1,636 $2,146 $2,805 $3,549

Subtotal (rent only) $42,536 $55,796 $72,930 $92,274Total (incl. Deposit $44,172 $57,942 $75,735 $95,823

Effective Rent is 15% off Published Rates.

Page 11: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

Studio 1‐BR 2‐BR 3‐BRAverage Published 

Rate $1,925 $2,525 $3,300 $4,175

Rent After October 1st

Discount Tier 4:Deposit $1,925 $2,525 $3,300 $4,175

Month 1 $0 $0 $0 $0Month 2 $1,925 $2,525 $3,300 $4,175Month 3 $1,925 $2,525 $3,300 $4,175Month 4 $1,925 $2,525 $3,300 $4,175

$ $ $ $

Rent After October 1 t 2009

Month 5 $1,925 $2,525 $3,300 $4,175Month 6 $1,925 $2,525 $3,300 $4,175Month 7 $1,925 $2,525 $3,300 $4,175Month 8 $1,925 $2,525 $3,300 $4,175Month 9 $1,925 $2,525 $3,300 $4,175Month 10 $1 925 $2 525 $3 300 $4 1751st 2009.

For Illustrative Purposes ONLY

Month 10 $1,925 $2,525 $3,300 $4,175Month 11 $1,925 $2,525 $3,300 $4,175Month 12 $1,925 $2,525 $3,300 $4,175Month 13 $0 $0 $0 $0Month 14 $1,925 $2,525 $3,300 $4,175Month 15 $1 925 $2 525 $3 300 $4 175

1 free month per year.Month 15 $1,925 $2,525 $3,300 $4,175Month 16 $1,925 $2,525 $3,300 $4,175Month 17 $1,925 $2,525 $3,300 $4,175Month 18 $1,925 $2,525 $3,300 $4,175Month 19 $1,925 $2,525 $3,300 $4,175Month 20 $1,925 $2,525 $3,300 $4,175$ , $ , $ , $ ,Month 21 $1,925 $2,525 $3,300 $4,175Month 22 $1,925 $2,525 $3,300 $4,175Month 23 $1,925 $2,525 $3,300 $4,175Month 24 $1,925 $2,525 $3,300 $4,175Month 25 $1,925 $2,525 $3,300 $4,175Month 26 $1,925 $2,525 $3,300 $4,175

Subtotal (rent only) $46,200 $60,600 $79,200 $100,200Total (incl. Deposit $48,125 $63,125 $82,500 $104,375

Effective Rent is 8.3% off Published Rates.

Page 12: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

AmenitiesReal Hardwood Floors9’ 9’9” C ili9’‐9’9” CeilingsHuge Windows

Page 13: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

AmenitiesReal Hardwood Floors9’ 9’9” Ceilings

Open KitchenStainless Steel Appliances9 ‐9 9  Ceilings

Huge WindowsStainless Steel AppliancesGranite Countertops

Page 14: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

AmenitiesReal Hardwood Floors9’ 9’9” C ili

Open KitchenStainless Steel Appliances9’‐9’9” Ceilings

Huge Windows

Marble Bathrooms

Stainless Steel AppliancesGranite Countertops

Marble athroomsWasher / Dryer

Page 15: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

Hunter College Housing Opportunities

Average square footage for a Studio apartment is ~600 Sq. Ft.A f f 1 b d i 750 S FAverage square footage for a 1‐bedroom apartment is ~750 Sq. Ft.Average square footage for a 2‐bedroom apartment is ~815 Sq. Ft.Average square footage for a 3‐bedroom apartment is ~1150 Sq. Ft.

Utilities, including Gas, Heat, and Electric, are NOT included in base rent.

Multiple model apartments available to viewMultiple model apartments available to view.

Date for Building Completion and Move‐In is July 1, 2009.

Larger apartments, penthouse apartments, and terraced apartments incur rents about 55% higher.

Full building floor plans available upon request. PleaseFull building floor plans available upon request.  Please contact David Elliott at [email protected] in the office of the Chief Operating Officer.

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Page 17: Hunter College Housing Opportunities.pptinside.jjay.cuny.edu/docs/HousingOpportunities.pdfEffective Average Rent ‐$2,320/month if a lease is signed by August 15th. Savings of 30%

119th & Third Residential Unit Mix

Unit SF Terrace SF BR Monthly Rent Annual Rent Studio Avg 1 BR Avg 2 Br Avg 3 Br Avg3B 1051 2 $0 $0.003C 795 1 $2,400 $28,800.00 $2,4003D 1119 3 $3,750 $45,000.00 $3,7503E 789 400 2 $2,850 $34,200.00 $2,8503F 825 580 1 $2,750 $33,000.00 $2,7503G 824 450 2 $2,650 $31,800.00 $2,6503H 781 480 1 $2,950 $35,400.00 $2,9503I 686 510 1 $2,600 $31,200.00 $2,6003J 748 430 1 $2,600 $31,200.00 $2,6004A 570 1 $2,050 $24,600.00 $2,0504B 750 20 1 $2,400 $28,800.00 $2,4004C 755 20 1 $2,400 $28,800.00 $2,4004D 1119 3 $3,800 $45,600.00 $3,8004E 789 2 $2,700 $32,400.00 $2,7004F 823 1 $2,600 $31,200.00 $2,6004G 825 2 $2,525 $30,300.00 $2,5254H 781 1 $2,750 $33,000.00 $2,7504I 682 1 $2,350 $28,200.00 $2,3504J 745 1 $2,375 $28,500.00 $2,3754K 555 0-1 $1,875 $22,500.005A 570 1 $2,075 $24,900.00 $2,0755B 750 1 $2,425 $29,100.00 $2,4255C 755 1 $2,425 $29,100.00 $2,4255D 1124 3 $3,825 $45,900.00 $3,8255E 789 2 $2,725 $32,700.00 $2,7255F 837 1 $2,625 $31,500.00 $2,6255G 825 2 $2,550 $30,600.00 $2,5505H 782 1 $2,775 $33,300.00 $2,7755I 697 1 $2,375 $28,500.00 $2,3755J 744 1 $2,400 $28,800.00 $2,4005K 555 0 $1,900 $22,800.00 $1,9006A 570 1 $2,100 $25,200.00 $2,1006B 750 1 $2,450 $29,400.00 $2,4506C 755 1 $2,450 $29,400.00 $2,4506D 1121 3 $3,850 $46,200.00 $3,8506E 789 2 $2,750 $33,000.00 $2,7506F 824 1 $2,650 $31,800.00 $2,6506G 825 2 $2,575 $30,900.00 $2,5756H 780 1 $2,800 $33,600.00 $2,8006I 681 1 $2,400 $28,800.00 $2,4006J 744 1 $2,425 $29,100.00 $2,4256K 555 0 $1,925 $23,100.00 $1,9257A 570 1 $2,125 $25,500.00 $2,1257B 750 1 $2,475 $29,700.00 $2,4757C 755 1 $2,475 $29,700.00 $2,4757D 1121 3 $3,875 $46,500.00 $3,8757E 789 2 $2,775 $33,300.00 $2,7757F 824 1 $2,675 $32,100.00 $2,6757G 825 2 $2,600 $31,200.00 $2,6007H 780 1 $2,825 $33,900.00 $2,8257I 681 1 $2,425 $29,100.00 $2,4257J 744 1 $2,450 $29,400.00 $2,4507K 555 0 $1,950 $23,400.00 $1,9508A 570 1 $2,150 $25,800.00 $2,150

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119th & Third Residential Unit Mix

Unit SF Terrace SF BR Monthly Rent Annual Rent Studio Avg 1 BR Avg 2 Br Avg 3 Br Avg8B 686 65 1 $2,400 $28,800.00 $2,4008C 684 65 1 $2,400 $28,800.00 $2,4008D 1119 3 $3,900 $46,800.00 $3,9008E 789 2 $2,800 $33,600.00 $2,8008F 832 1 $2,700 $32,400.00 $2,7008G 822 2 $2,625 $31,500.00 $2,6258H 782 1 $2,850 $34,200.00 $2,8508I 686 1 $2,450 $29,400.00 $2,4508J 744 1 $2,475 $29,700.00 $2,4758K 555 0 $1,975 $23,700.00 $1,9759A 702 290 1 $2,800 $33,600.00 $2,8009B 1203 670 2 $4,200 $50,400.00 $4,2009C 1274 430 2 $4,450 $53,400.00 $4,4509D 824 1 $2,650 $31,800.00 $2,6509E 781 1 $2,875 $34,500.00 $2,8759F 683 1 $2,475 $29,700.00 $2,4759G 1119 130 2 $4,200 $50,400.00 $4,20010A 702 1 $2,600 $31,200.00 $2,60010B 1206 413 2 $4,050 $48,600.00 $4,05010C 1269 2 $4,250 $51,000.00 $4,25010D 824 1 $2,675 $32,100.00 $2,67510E 782 1 $2,900 $34,800.00 $2,90010F 684 1 $2,490 $29,880.00 $2,49010G 1119 2 $3,950 $47,400.00 $3,950PH2-A 1084 2 $4,000 $48,000.00 $4,000PH2-B 1595 75 3 $5,600 $67,200.00 $5,600PH2-C 1220 2 $4,200 $50,400.00 $4,200PH2-D 1346 2 $4,400 $52,800.00 $4,400PH2-E 674 1 $2,350 $28,200.00 $2,350PH2-F 716 1 $2,400 $28,800.00 $2,400PH1-A 902 170 2 $3,700 $44,400.00 $3,700PH1-B 1366 190 3 $4,800 $57,600.00 $4,800PH1-C 1104 80 2 $4,200 $50,400.00 $4,200PH1-D 1248 70 2 $4,450 $53,400.00 $4,450PH1-E 681 1 $2,400 $28,800.00 $2,400PH1-F 703 1 $2,450 $29,400.00 $2,450Total/Avg 75,308 5,538 $2,842 $3,068,880 $1,938 $2,510 $3,424 $4,175