Market comparison
Brooklyn, NY vs Lake Placid, NY
On modelled numbers, Brooklyn carries the higher annual revenue and Brooklyn the stronger occupancy. Same state alternatives
Modelled estimate
| Brooklyn, NY | Lake Placid, NY | |
|---|---|---|
| Modelled annual revenue | $63,400 | $53,300 |
| Nightly rate | $248 | $252 |
| Occupancy | 70% | 58% |
| Nights booked a year | 255 | 212 |
| Peak season | Apr–May–Jun | Jan–Feb–Mar |
| Season concentration | 38% in top 4 months | 52% in top 4 months |
| Modelled purchase price | $370,000 | $375,000 |
| Modelled cash-on-cash | 23% | 15% |
| Break-even occupancy | 36% | 36% |
| Mid-term monthly rent | $3,350 | $3,400 |
| Short vs mid-term | Nightly ahead | Close |
| Rule status | Status unpublished | Status unpublished |
| Market type | urban | ski |
Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers. Rule status is only stated where we hold an official source; otherwise it is marked as needing verification on each market's regulation page.
Dig into Brooklyn, NY
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