Make my dream of homeownership

Fatima N'Diaye
is organizing this fundraiser.
183 McGuinness Blvd APT 4C, Brooklyn, NY 11222
Created
January 12, 2023 3:22 AM
Financial position
$222,000
raised of goal
$740,000
44
Investors
Join the Waitlist
Monthly Residency Payment:
4672
Initial Investment:
Price Per Share:
Total Shares:
10000
Fatima N'Diaye

As-salamu alaykum! 

I'm Fatima N'Diaye, echoing tales from Senegal's golden coastlines as I weave a new chapter here in NYC. As I adjust to evolving financial landscapes, I aspire for a home representing my Senegalese roots and Islamic beliefs.


A New Horizon:

The leap from Senegal's rhythmic beats to NYC's pulsating heart brought unforeseen financial challenges. Switching from a steady job to entrepreneurship has thrown my path to homeownership.


Reimagining Home:

Even amidst the financial turbulence, my dream remains unwavering: a dwelling where memories of Senegal intermingle with an Islamic ethos. A haven free from interest, reflecting both my lineage and faith.


Stepping into Halal Finance:

Guided by this vision, I delved into Sharia-compliant home equity crowdfunding. It represented more than monetary aid; it was a beacon guiding my aspirations toward spiritual fulfillment.


Your Role:

Lending your support is a nod to a shared dream. Values and aspirations find synergy in this dream, guiding believers like us amidst shifting sands.


Why It Matters:

NYC is a melting pot where stories from far-off lands converge. By backing my journey, we're weaving a narrative where diverse origins rally behind the flag of riba-free homeownership.


Embark on This Journey With Me:

From the sun-kissed dunes of Senegal to NYC's sprawling skyline, let's script a saga of dreams and dedication. Your involvement amplifies this narrative, echoing hope for countless others at similar crossroads.


Conclusion:

With heartfelt gratitude, I beckon you to participate in this expedition. Let's carve homes and legacies that resonate with faith and culture.


Jazakallah khair,

Fatima N'Diaye.

Features:

Closings Have Commenced - Now Offering Immediate Occupancy!

Graced with a charming Juliet balcony and a collection of contemporary fixtures and finishes, this brand new 1-bedroom, 1-bathroom home combines urban elegance with relaxed Greenpoint living in the heart of one of Brooklyn's trendiest neighborhoods.

Wide plank oak floors sit beneath airy high ceilings. Double-pane floor-to-ceiling windows let in plenty of natural light while keeping interiors warm and quiet. Built-in storage cabinets and a laundry closet with washer/dryer hookup comes standard.

Total Investment Value
Home Cash Price
740000
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
4672
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:
Fatima N'Diaye
Greenpoint, NY
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