Secure a Home Near Islamic Institutions—Invest in Our Ummah’s

Farid
is organizing this fundraiser.
153 Clinton Ave APT 1A, Brooklyn, NY 11205
Created
3 years ago
Great Schools
$163,500
raised of goal
$545,000
32
Investors
Join the Waitlist
Monthly Residency Payment:
$5,429
Initial Investment:
$22,770.38
$0
Price Per Share:
$91.08
Total Shares:
10000
Farid

Salaam!

I am Farid, a lifelong resident of New York City with dreams not just for myself but for the next generation. I see young faces in our mosques, filled with curiosity and a thirst for Islamic knowledge. This sight fuels my desire for a stable home near Islamic institutions.


The Beginnings:

Raising a family in New York comes with challenges, especially for Muslims who aspire to give their children an Islamic education. The few schools and madrasas are often far from affordable residential areas, making the daily commute logistically and spiritually challenging.


The Vision:

I envision a life where my children walk to their Islamic classes, where the azan can be heard from our living room, and where our family is deeply integrated into a community that shares our faith. This would be a sanctuary, not just a residence, but a home that strengthens our Deen.


The Quest Begins:

I came across Dyur's platform, a pathway that aligns with Sharia laws and offers an opportunity to convert this dream into reality. They’ve shown me how possible it is to secure a home in an area that’s not just safe but spiritually uplifting.


Your Role:

You’re not just a contributor but an investor in a future filled with Islamic teachings. By investing in this home, you’re not merely facilitating a real estate transaction but nurturing an environment where Islamic values can prosper.


Why It Matters:

What we do today shapes our Ummah's future. A home next to an Islamic institution will not just enrich my family's life; it will serve as a pillar supporting future generations' spiritual upbringing.


Join My Quest:

We’re not merely purchasing a house; we’re securing a haven of Islamic learning for our and our children’s children. Become a part of this journey. The benefits of your investment go beyond the worldly gains; they echo in eternity.


Conclusion:

With your investment, we take a collective step towards uplifting our Ummah, enhancing our community's spiritual fabric, and providing our children with the Islamic education they deserve.


Jazakallah Khair,


Farid

Features:

Gorgeous Renovated 1Br Co-op Unit in Clinton Hill!

Now is your chance to live in the ever desired Clinton Hill in this beautiful, trendy one bedroom co-op. This unit flaunts high ceilings, nice lighting scheme and hardwood floors with an updated open concept kitchen featuring all stainless steel appliances including dishwasher.  The bathroom has been entirely renovated with a floating vanity and all glass shower.

Outdoors you will find a cozy common area with seating, tables and barbecues so feel free to invite your friends over and host a meal or simply relax under the string lights. Laundry is in the building along with a storage unit that you can rent for a nominal amount.

Your new apartment leaves you right off the Myrtle Avenue where you are steps away from restaurants, shopping, pharmacies, banks, transportation and so much more! You will also be just 1 block from the BQE for an easy commute to Manhattan. Only 5 short blocks to Fort Greene Park and 3 blocks to Clinton-Washington Ave G train.

Total Investment Value
$910,815
Home Cash Price
$839,000
Closing costs
$0
$20,975
Upfront LLC fees:
$500
Dyur listing fee (6%)
$50,340
Annual gross rents
$78,518.34
Property taxes
$0
$5,453.5
Homeowners insurance
$2,205
Property management Fee (8%)
$5,211.84
Annual LLC administration and filing fees
$500
Annual cash flow
$0
$65,148
Monthly cash flow
$5,429
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:
Farid
Clinton Hil, NY
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