Invest in A Home Near Top Islamic Schools

Fatimah
is organizing this fundraiser.
426 13th St APT 2B, Brooklyn, NY 11215
Created
December 21, 2022 4:44 PM
Great Schools
$337,500
raised of goal
$750,000
67
Investors
Join the Waitlist
Monthly Residency Payment:
5055
Initial Investment:
Price Per Share:
Total Shares:
10000
Fatimah

Salaam! 

I'm Fatimah, a devout Muslim and an aspiring homeowner living in the multicultural landscape of NYC. My journey intertwines the teachings of Islam with the American dream of homeownership. In a city as diversified as the shades of a beautiful sunset, I aim to secure a home where faith and education meet.


The Beginnings:

Ever since my children started their education, I felt a sense of urgency to provide them with a learning environment that mirrors our Islamic principles. NYC has its shares of challenges but offers pockets of opportunity where faith-based education thrives.


The Vision:

I dream of a home with more than just four walls and a roof—it's a launchpad for the future leaders of our Ummah. A house within walking distance of excellent Islamic educational centers where my children can excel academically and grow spiritually.


The Quest Begins:

I felt a glimmer of hope after learning about Dyur's halal home financing options. I realized I could bridge my aspirations for faith-based education and homeownership without compromising my beliefs.


Your Role:

By investing in my dream, you're not just helping us buy a home but laying the first bricks of a foundation for the Islamic leaders of tomorrow. Your worldly and spiritual investment fosters growth in Dunya and Akhirah.


Why It Matters:

A home near an Islamic school is more than a convenience; it's a bastion for instilling the principles and values we hold dear. It's an opportunity to infuse faith in the next generation, ensuring that the teachings of the Quran and Hadith are not merely stories but lived experiences.


Join My Quest:

Your support is more than financial—an alliance in a vision larger than life. By walking this path together, we're not just buying a home but creating a legacy spanning both worlds.


Conclusion:

With heartfelt gratitude, I invite you to partake in this noble endeavor. By investing today, we are building a secure and deeply rooted future in our beautiful faith.


Jazakallah khair,

Fatimah

Features:

South Slope perfection--often said, rarely true. If you love exposed brick, you won't be able to take your eyes off the 28' beauty that welcomes you home to apartment 2B at 426 13th Street. Be prepared to fall in love with the peaceful vibe and lofty proportions, the magical afternoon sunlight from the oversized south-facing windows, and the 9' ceiling height that feels like 10 (or more). Both the living room and the bedroom have leafy garden views and the quiet that comes from being in the back of the building.

The well-appointed kitchen is separate yet open to the living and dining space. Wedgewood blue cabinetry offers loads of storage space and is complemented by the neutral Caesarstone countertops, tiled backsplash and tiled floor. Down the hallway, the comfortable king-size bedroom also overlooks the back gardens and is currently set up with a WFH space. With 4 closets that access the full ceiling height, there's plenty of extra storage space and a w/d hookup that's ready and waiting for the ultimate luxury--an in-unit washer/dryer. The full-size bath is updated with a wall-mounted vanity and black and gray tile accents. Hardwood floors throughout the apartment add just the right amount of warmth to this already perfect space.

Total Investment Value
Home Cash Price
750000
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
5055
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:
Fatimah
Park Slope, NY
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