From Renting in Harlem to Owning My Legacy

Amina Jones
is organizing this fundraiser.
50 Lefferts Ave APT 4L, Brooklyn, NY 11225
Created
January 12, 2023 1:22 AM
Independence
$383,400
raised of goal
$639,000
76
Investors
Join the Waitlist
Monthly Residency Payment:
4292
Initial Investment:
Price Per Share:
Total Shares:
10000
Amina Jones

Salaam!

I am Amina Jones, an African-American Muslimah, echoing with tales of Harlem's rich legacy. As months roll by, the weight of rental bills casts a shadow over my dreams of establishing a lasting heritage.


The Beginnings:

Grandma’s tales spoke of the Harlem Renaissance, but she never owned her home. I aim to change that narrative.


The Vision:

Owning a space, a testament to our struggles and achievements; a place where history and future converge.


The Quest Begins:

Dyur's platform surfaced as a beacon, a bridge leading to the land of ownership.


Your Role:

Supporting this isn’t just aiding a purchase; it’s endorsing centuries of dreams.


Why It Matters:

A world where legacy isn’t just oral but tangible, a home passed through generations.


Join My Quest:

Let’s lay bricks of history, crafting homes that whisper tales of past and future.


Conclusion:

Your backing immortalizes stories, ensuring they echo in walls of owned homes.


Sincerely,

Amina Jones

the

Features:

Welcome home to this extra large, stylish pre-war one bedroom corner unit in one of Lefferts Gardens premiere buildings. You'll find lovely hardwood floors with unique inlays, a sunken living room, raised dining area, built-in curio shelf, and arched entryways. This home is full of charm and well-taken care of by its current owner. In the spacious windowed kitchen you'll find loads of counter-space and storage along with a gas range, dishwasher and large French door refrigerator. The bathroom has both shower stall and separate bathtub plus a window - a rarity in many newer buildings. The bedroom is spacious with two deep closets as well as a wall of storage/closet space which the seller has installed. The luminous living room has an elegant wrought-iron balustrade leading to the sunken entertaining space with two south-facing windows. The apartment has five closets altogether and with the large proportions of the dining, living, kitchen and bedroom feels grand while the pre-war details add warmth to the space. A corner unit, the bedroom and kitchen don't abut other apartments, so its quieter with more privacy.

Total Investment Value
Home Cash Price
639000
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
4292
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:
Amina Jones
Prospect Lefferts Gardens, NY
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