Co-Living Residence, Downtown Dubai
Sheikh Zayed Road, Downtown Dubai, Dubai
Grand Concourse corridor, Bronx, NY 10451 · New York
Target distributions are percentages of your invested amount per distribution period. They are projections only, are not guaranteed and may be lower, delayed or zero. Please read the investment risk disclosure.
A portfolio of two walk-up apartment buildings totalling 42 units along the Grand Concourse corridor in the South Bronx. The sponsor plans to renovate kitchens and bathrooms as units turn over, upgrade common areas and replace building systems to improve efficiency.
The offering raises $2,000,000 of equity alongside senior debt, with a planned hold period of about five years. Rents are subject to New York rent-stabilization rules, which limit increases on regulated units and are reflected in the business plan.
Investors purchase fractional shares priced at $250 each. Distributions, if any, are projected quarterly from net operating cash flow, with capital returned on sale or refinance.
From prewar co-ops on the Upper West Side to brownstones in Park Slope, New York offers the deepest and most varied housing market in North America. Buyers should budget for closing costs that can include transfer taxes and, for co-ops, board approval.
Projected distributions are estimates based on the sponsor's business plan, are not guaranteed and may be lower or delayed. Capital is at risk and investments may be illiquid for the full hold period. Please read the offering documents and the EstateFull investment risk disclosure before investing.
Distances and travel times are approximate and depend on traffic and route.
About New York: From prewar co-ops on the Upper West Side to brownstones in Park Slope, New York offers the deepest and most varied housing market in North America. Buyers should budget for closing costs that can include transfer taxes and, for co-ops, board approval.
3 investments made in this offering so far.
Sheikh Zayed Road, Downtown Dubai, Dubai
Boulevard Saint-Germain, Saint-Germain-des-Prés, Paris 75006
Westferry Circus, Canary Wharf, London E14