Estranged in Hometown: A Cry for Community

Hamid Malik
is organizing this fundraiser.
98 Luquer St #4L, Brooklyn, NY 11231
Created
January 12, 2023 5:38 AM
Closer to Family
$194,700
raised of goal
$649,000
39
Investors
Join the Waitlist
Monthly Residency Payment:
3930
Initial Investment:
Price Per Share:
Total Shares:
10000
Hamid Malik

As-salamu alaykum!


I'm Hamid Malik, a devoted father and lifelong New Yorker. While the city's skyscrapers tower above and life buzzes around, an echoing silence fills my days. The streets I once roamed with my childhood friends now seem unfamiliar, and I yearn for the lost connections.


The Beginnings:

You see, growing up in New York, I always felt grounded. Friends and family gatherings were the pulse of my life. But as years went by, jobs, responsibilities, and life's turns scattered us in different directions.


The Vision:

I dream of a close-knit neighborhood where the walls between homes are thin but hearts are wide open. A place where iftar dinners are a community affair and Eid is celebrated with shared joy.


The Quest Begins:

Stumbling upon Dyur's platform felt like an answered prayer. A chance to bridge the gaps, rebuild connections, and anchor myself once again amidst friends and family, all while upholding our shared Islamic values.


Your Role:

Your support means more than just a financial contribution. It's a stepping stone towards reviving communal bonds, reigniting old friendships, and ensuring no one feels isolated in the midst of a crowd.


Why It Matters:

The strength of our community lies in its unity. By helping me find my place among my friends and family, you're also strengthening the tapestry of our shared values and memories.


Join My Quest:

Take this step with me, reforge the bonds that time has stretched thin. Together, we can ensure that the warmth of familiarity and shared stories echo in our daily lives.


Conclusion:

My gratitude knows no bounds. As I look forward to days filled with familiar laughter and shared tales, know that your support has played a pivotal role in turning this dream into reality.


With deep appreciation,

Hamid Malik



Features:

This 650 square foot condo home has 1 bedrooms and 1.0 bathrooms. This home is located at 98 Luquer St #4L, Brooklyn, NY 11231.

Total Investment Value
Home Cash Price
649000
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
3930
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:
Hamid Malik
Carroll Gardens, NY
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