Downtown, Brooklyn, New York

Successful exit

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Downtown, Brooklyn, New York 2017-05-31T10:42:56+00:00

Project Description

אקזיט להשקעה בברוקלין ניו יורק - Downtown

Acquisition of an empty lot and construction of a 20-story apartment building, featuring 900 SF units, on average, and commercial spaces. Focusing on the target market, the building was designed in a luxurious and functional urban style.

319  Schermerhorn Street, Brooklyn, New York, NY, USA

Year launched

2013

Equity raised

$2,790,000

Expected duration

30 Months

Actual duration

17 Months

Achieved annual return

21.60%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

The neighborhood is located in the center of a thriving community popular among young families and students, adjacent to Prospect Park, the Botanical Gardens, Brooklyn Museum and various schools and shopping centers.

About the developer

“Brodmore” and “Beechwood Acquisitions” reality firms specialize in recognizing and seizing unique real-estate opportunities in NYC. Their employees maintain extensive experience in planning and constructing many prestigious projects around the city.

The opportunity

אקזיט להשקעה בברוקלין ניו יורק - Downtown

Acquisition of an empty lot and construction of a 20-story apartment building, featuring 900 SF units, on average, and commercial spaces. Focusing on the target market, the building was designed in a luxurious and functional urban style.

Other projects by the developer