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Acquisition and gut renovation of 799 Manhattan Avenue, a 6-unit multifamily building with ground-floor retail in the Greenpoint neighborhood of Brooklyn, NY.
Terms
Min. Investment$5,000
Target IRR17%
Target Return17%
Property TypeMultifamily
Target Hold Period3 years
Target Cash Yield1.4%
Target Raise$2,000,000
Close DateTBD
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Offering Disclosure
Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers. Read our Advertiser Discloser. The information contained herein is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or ownership interests. Fractional ownership in real estate involves purchasing a percentage share of a property rather than owning the entire property outright. This type of investment carries risks, including but not limited to market volatility, lack of liquidity, and potential loss of capital.
What is the target raise?
Target raise is $2,000,000
What is the target cash yield?
Target cash yield is 1.4%
What is the minimum investment amount?
Min. investment is $5,000
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