Carlos's Challenge: Balancing Ambition and Tradition in NYC

Carlos Fernandez
is organizing this fundraiser.
410 Fenimore St FLOOR 2, Brooklyn, NY 11225
Created
January 12, 2023 3:15 AM
Financial position
$340,000
raised of goal
$850,000
68
Investors
Join the Waitlist
Monthly Residency Payment:
3679
Initial Investment:
Price Per Share:
Total Shares:
10000
Carlos Fernandez

Greetings! I'm Carlos Fernandez, a proud Venezuelan-Muslim, now navigating the energetic streets of NYC, the city that never sleeps. As the dreams of prosperity meet the legacy of my Islamic heritage, I'm on a mission to find a balance in this melting pot of cultures.


The Beginnings:

 Back in Caracas, my family's My family's modest home was our sanctuary in Caracasmodest home was our sanctuary, echoing the Adhan melodies and salsa rhythms. Coming to NYC was an adventure, but the dazzling lights sometimes overshadowed the comforts of familiarity and faith.


The Vision: 

I dream of a haven in this sprawling city where my Latin roots and Islamic beliefs intertwine. A home where I can listen to both Quranic recitations and Venezuelan ballads. A place that respects my journey from South America and yet is Riba-free, in line with the teachings of Islam.


The Struggle:

 While the skyscrapers seemed endless, a halal financial solution felt distant. Many couldn't understand my dual identity, leaving me lost between my ambition and my faith.


Your Role: 

Your support is more than just financial aid; it's a testament to the power of global unity. It’s about ensuring that one's origin, whether from bustling Caracas or serene Mecca, doesn't deter the pursuit of a halal home in NYC.


Why It Matters: 

The heart of New York beats with stories from around the world. Let's champion a tale where Latin passion meets Islamic devotion. By joining hands, we can redefine the contours of belonging and faith.


Join My Endeavor: I invite you to be a beacon in my quest, to understand the cadence of a heart torn between two worlds, and to help fuel a dream where both worlds find a home in NYC.


Conclusion: 

From the depths of my heart, Gracias! Let's draft a narrative of resilience, where faith isn't a barrier but a bridge between cultures. Stand with me in this journey of faith, tradition, and the vibrant spirit of NYC.


Que Allah te bendiga (May Allah bless you),

Carlos Fernandez.

Features:

Welcome home to 412 Fenimore Street, a brand-new boutique condominium development on the incredibly stylish, hip and historical Prospect Lefferts Gardens. 412 Fenimore Street Condominium features 24 beautifully-crafted one bedrooms, two bedrooms and duplex residences with impressive luxury finishes, elegant interiors,  custom details, open concept layout and private outdoor space.

Each home has been tastefully designed and completed with custom kitchens, boasting top-of-the-line appliances, spacious layout, recessed lighting, large closets as well as Caesarstone countertops and magnificent wood floors. All homes feature oversized windows, private terraces and balconies with expansive views, a rooftop terrace and washer/dryers. The building greets you with its impressive and distinctive facade of brick and stucco, and a stunning sleek lobby.

Total Investment Value
Home Cash Price
545000
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
3679
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:
Carlos Fernandez
Prospect Lefferts Gardens, NY
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