Heart in Queens, Home Too Far Away

Lina Rahman
is organizing this fundraiser.
1060 Jefferson Ave #3B, Brooklyn, NY 11221
Created
January 12, 2023 6:08 AM
Closer to Family
$149,700
raised of goal
$499,000
29
Investors
Join the Waitlist
Monthly Residency Payment:
3284
Initial Investment:
Price Per Share:
Total Shares:
10000
Lina Rahman
Features:

All residences feature oversized windows to saturate the homes with natural light. High ceilings create an open feel throughout. Wide plank oak hardwood flooring, ample closet space, stainless steel appliances, tiled bathrooms, deep soaking tubs, and heated bathroom floors all add to the sleek design and luxuries. Enjoy the added convenience of A/C and heating units as well as washer/dryer hook-ups. Smart home features of integrated speaker systems amplify the modern design.

Residence 3B features 1 bedroom, 1 full bath, approx. 511 SF. Take advantage of your  private, outdoor balcony & enjoy the sites of the city.

Total Investment Value
Home Cash Price
499000
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
3284
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:
Lina Rahman
Bushwick, NY
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