A Home in a Neighborhood with Islamic Cultural Centers

Yusuf Umar
is organizing this fundraiser.
188 15th St APT 200, Brooklyn, NY 11215
Created
December 21, 2022 4:46 PM
Great Schools
$74,900
raised of goal
$749,000
14
Investors
Join the Waitlist
Monthly Residency Payment:
4685
Initial Investment:
Price Per Share:
Total Shares:
10000
Yusuf Umar

Salaam! 


I'm Yusuf, a practicing Muslim navigating the bustling, ever-changing skyline of New York City. My quest is singular but vital: to find a home that aligns with Islamic values in a community where cultural and religious practices flourish.


The Beginnings:

Living in NYC can be both exhilarating and draining. Yet, amid the fast-paced life, I've been committed to finding an environment that allows my family to grow both culturally and spiritually. Islamic cultural centers and mosques are our sanctuaries, and living near them is the dream.


The Vision:

I dream of creating a safe haven where Islamic culture is 

appreciated and celebrated. This means a home in an affluent neighborhood with Islamic centers, libraries, and mosques—where my family can nurture their faith and contribute to the community.


The Quest Begins:

I found my answer in Dyur's Sharia-compliant home equity crowdfunding. Here was the ethical way to finance a home without straying from Islamic principles. I knew this was the path to bring my vision to life.


Your Role:

By investing in this journey, you're making a powerful statement: that faith and community matter. You're aiding in acquiring a home that will serve as a base for countless cultural and religious activities, all in line with our shared beliefs.


Why It Matters:

Imagine a home that doubles as a microcosm of Islamic culture and tradition—a beacon for the Ummah in NYC. Your investment goes beyond the material; it paves the way for a cultural legacy, leaving an indelible mark on the future of our faith.


Join My Quest:

Your partnership transcends monetary contributions; it is an endorsement of a culturally rich Islamic future. Together, we can make a home where the essence of our faith resonates in every brick and beam.


Conclusion:

I extend my deepest thanks for considering this virtuous journey. With each contribution, we come closer to realizing a dream that pays spiritual dividends in this life and the Hereafter.


Jazakallah khair,

Yusuf

Features:

One-owner, 1BR/1BA, comfortable, mint condition, prime second-floor unit in a professionally managed condominium with low common charges and the tail of a property-tax abatement in Park Slope.  Higher end (RH, Jenn-Air, Bertazoni, Meile, Broan, Toto, Grohe, LG, Room & Board) fixtures, finishes & appliances, vented cooking, comes with in unit washer dryer (vented), central AC and private basement storage.  Windowed kitchen & bath.

Owner replaced all mechanicals in past year...new hot water heater & new central air-conditioning system (410-A refrigerant).  Some pets considered, No smokers.  Building completed capital improvements project & 10-year maintenance, upgraded roofing systems & outdoor spaces, pointing and drainage.  Please contact listing agent for a private appointment.  Agent is Owner. Please see detailed photos and virtual 3D Matterport tour.  Thanks.

Total Investment Value
Home Cash Price
749000
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
4685
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:
Yusuf Umar
Park Slope, NY
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