Uniting Hearts Across Boroughs

Aiden Abdullah
is organizing this fundraiser.
535 Clinton St APT 3A, Brooklyn, NY 11231
Created
January 12, 2023 6:15 AM
Closer to Family
$431,900
raised of goal
$617,000
86
Investors
Join the Waitlist
Monthly Residency Payment:
4000
Initial Investment:
Price Per Share:
Total Shares:
10000
Aiden Abdullah

Assalamu Alaikum!

I am Aiden Abdullah, a son of New York's vibrant streets and the rhythmic calls to prayer from our local mosque. Today, miles away from my hometown, the fond memories of community gatherings and shared iftars feel just out of reach.

The Beginnings:

Brooklyn wasn't just home; it was where faith intertwined seamlessly with daily life. The line between family and friends was blurred – everyone was kin, sharing joys, sorrows, and most importantly, faith.


The Vision:

To return to those alleys and avenues, to be present for every Jumu'ah prayer, every community gathering, every milestone of those dear to me. My aim is to immerse my children in the same spirit of unity and faith, to let them experience the strength of the Ummah.


The Quest Begins:

But the daunting financial roadblocks stood tall. That's when I discovered Dyur - a beacon for believers like me. Their Sharia-compliant home equity crowdfunding platform could be the bridge to my dream, aligning with both my aspirations and my faith.


Your Role:

By supporting me on Dyur, you're not merely facilitating a move. You're helping kindle the spirit of brotherhood, ensuring that the lessons and values we were brought up with continue to echo in the next generation.


Why It Matters:

In a world where we juggle between modern complexities and our age-old beliefs, platforms like Dyur reaffirm our faith. Your support ensures that Muslims like us don't have to choose between financial goals and our Deen.


Join My Quest:

Let's come together, as believers and as a community. Lend your hand, and let's ensure that no distance keeps a heart away from its loved ones and its roots.


Conclusion:

For every ounce of support and every prayer, my heart brims with gratitude. With Allah's grace and your backing, we can celebrate the essence of togetherness, faith, and the warmth of familiar streets.


BarakAllahu Feekum,

Aiden Abdullah

Features:

Each is four stories with eight apartments (two on each floor). In the case of apt. 3A, tree tops and gentle sunlight will greet you from windows front and back. Thoughtfully renovated, the apartment is practical, cheerful and move-in ready. The kitchen has an L-shaped granite counter with a breakfast bar for two, microwave and dishwasher. Ceiling-high white cabinets are a clean contrast to the slate floor. The bathroom has been updated with white subway tile on the walls and Carrara marble on the floor; a two-drawer vanity and tall medicine cabinet provide useful storage. The front-facing living room sits at one end of the apartment and looks out over Clinton Street while the garden-facing bedroom backs up onto gardens and is blissfully serene. To complete this package, you'll enjoy having your own washer-dryer in the apartment. This pet-friendly co-op offers dedicated storage in the basement and is well run with full-time super and attentive management. Its proximity to the F/G train and a dazzling array of restaurants, shops and boutiques -- along with an incredibly low monthly maintenance -- make it a perfect choice!

Total Investment Value
Home Cash Price
617000
Closing costs
Upfront LLC fees:
500
Dyur listing fee (6%)
Annual gross rents
Property taxes
Homeowners insurance
2205
Property management Fee (8%)
Annual LLC administration and filing fees
500
Annual cash flow
Monthly cash flow
4000
Why New York?
Here are the latest trends in the NYC real estate market as well as the statewide market. A prolonged scarcity of properties on the market, along with high prices and high mortgage rates, continues to impede the New York housing market. According to the housing report released by the New York State Association of REALTORS®, the number of properties for sale declined for the 37th straight month in year-over-year comparisons, while mortgage rates remain more than double what they were at this time last year.

The number of available properties for sale fell by 12%, from 40,321 in November 2021 to 36,490 this month. In year-over-year comparisons, the months' supply of dwellings stayed unchanged at 3.2 months. Months' supply is the number of months it would take to sell the present inventory of homes at the current sales rate. A balanced market has a supply of six to six and a half months.
Graph depicting the median sale price trend in New York, NY, from 2018 to 2023. The line graph shows two trends: one for New York with prices fluctuating around $800K, indicated in black, and another for the United States overall, with prices around the $400K mark, shown in orange. Source and more details available on Redfin.
Organizer:
Aiden Abdullah
Carroll Gardens, NY
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