Layla's Dilemma: Bridging Homemaking Dreams with NYC Realities

Layla Patel
is organizing this fundraiser.
1402 W 4th St APT E6, Brooklyn, NY 11204
Created
January 11, 2023 11:34 PM
Financial position
$247,499
raised of goal
$247,999
49
Investors
Join the Waitlist
Monthly Residency Payment:
2026
Initial Investment:
Price Per Share:
Total Shares:
10000
Layla Patel

Salaam!

My name is Layla Patel, and my journey is one of love, devotion, and a pinch of spice from my Indian heritage. From curating the perfect cup of chai to humming Bollywood tunes, I've always found solace in the little joys of life. It's time to find a corner in NYC where my traditions meet my aspirations.


The Beginnings:

 Growing up in Mumbai, the home wasn't just about four walls. The aroma of freshly made samosas, the vibrant Diwali lights, and the evening Azan resonated across the bustling streets. When life brought me to NYC, my heart yearned to recreate those comforts amidst the city lights.


The Vision: 

I envision a space that celebrates my Indian-Muslim identity. A home where Bollywood posters coexist with Islamic calligraphy, where I can host Eid feasts and Diwali parties, ensuring the traditions I hold dear continue for the next generation.


The Challenge:

 As a homemaker, my world revolves around my family, making navigating the fast-paced NYC housing market tricky, especially with the added layer of seeking Sharia-compliant solutions.


Your Role:

 Your support signifies more than just funds. It's an embrace of diverse narratives and the beautiful mélange of cultures. Together, we can redefine what it means to be a homemaker and homeowner in the heart of NYC.


Why It Matters: 

With every thread of carpet, every color on the wall, and every spice in the kitchen, we're not just building a house. We're creating a space that encapsulates the spirit of Mumbai in the embrace of New York, all while upholding our shared Islamic values.


Join My Journey:

 Step into my story, infused with the fragrance of masalas and the warmth of faith. Let's create a sanctuary that honors both my roles - as a proud homemaker and a hopeful homeowner.


Conclusion:

A heartfelt Dhanyavaad (Thank you) for considering my journey worthy of your support. Together, let's weave a tale of faith, culture, and the promise of a home.


Shukran & Namaste,

Layla Patel.



Features:

This co-op residence is a dazzling illustration of comfort and convenience end-users seek but rarely find in an unadulterated package. Situated in the heart of one of the most beloved districts in South Brooklyn, this idyllic Bensonhurst domain features 2 bedrooms, 1 bath, an oversized living room along with a plethora of closets and storage space. Boasting a streamlined floorplan that is simplistic and exceptionally functional, it seamlessly confers a balance of tranquility and privacy. Copious windows allow for natural sunlight to cascade into this magnificent living space to delight you in natural warmth and luminous lighting.

Achieve your laundry goals with the in-unit laundry setup thereby allowing you to avoid the weekly trek to the local laundromat. Location of property renders every imaginable convenience truly at your beck and call. Straphangers have easy access to the express N train at the Bay Parkway Station as well as F train at the Avenue N & Avenue P Stations. Strikingly close to highly rated schools, recreational parks, gyms, fine dining restaurants, coffee shops, supermarkets, pharmacies, banks and many more lifestyle conveniences. Schedule a private viewing to experience a residence bordering on the cusp of sheer perfection!!! Come and #GetSome!!!

Total Investment Value
Home Cash Price
274999
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
2026
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:
Layla Patel
Bensonhurst, NY
No items found.
Exit Icon

Help by sharing

Fundraisers shared on social networks raise up to 5x more.

The leader in Online Sharia-Compliant Home Equity Fundraising

Shield icon

Investor protection guarantee

No other crowdfunding platform offers the same level of investor protection as Dyur.

Striking icon

Social reach

Harness the power of social media to spread your story and get more support.

Security shield icon

Secure

Our Trust & Safety team works around the clock to protect against fraud.

Join the Waitlist