Real Estate Crowdfunding: Introducing Hello Albemarle in Brooklyn, NYC
My prior Medium pieces focused a lot about what we are doing at RedSwan CRE and the overall commercial real estate crowdfunding opportunity through tokenization. Today, I thought it would be helpful to showcase an actual property that we are tokenizing and raising equity funding for to give you a sense of the high quality CRE we are making more affordable, accessible and liquid to the market. Introducing Hello Albemarle in Brooklyn, NYC!
Hello Albemarle presents loft-like, industrial-chic spaces featuring tons of natural light, polished concrete floors, exposed finishes and private decks. Each unit generously features; private elevators opening directly into the apartment, a lavish chef-quality kitchen equipped with high-end stainless steel appliances, including a dishwasher and washer/dryer, high-end finishes, triple-pane windows, leak detection systems, high ceilings and high-end lighting. The attention to detail is visible. Amenities include a fully furnished and planted terrace, bike storage and covered parking. Hello Albemarle is surrounded by grocery stores, restaurants and parks — with Prospect Park just a short walk away. Ideally situated off of Bedford Avenue, tenants will have easy access to the 2/5 and B/Q Express Trains.
Take a closer look at Hello Albemarle through this video:
https://www.youtube.com/watch?v=xMvovFSohXo
The real estate crowdfunding investment highlights are:
Expansive Private Outdoor Terraces
With bi-fold glass doors that extend your living space into the horizon.
Strong Preferred Returns
8%, 5-year target IRR of 14% and 1.84x multiple.
Condo Quality Construction
Enjoy the best of market stability, quality location and confidence of a new construction.
Hot Commodity
Real estate surrounding Prospect Park is especially limited. This area is one of the few neighborhoods that still has potential for development and equity.
The key draws of the Prospect Lefferts Garden are:
· Prospect Lefferts Garden (PLG) is located directly to the east of Prospect Park, opposite Park Slope, south of Prospect Heights and north of Ditmas Park, which are all million-dollar neighborhoods.
· PLG shares several qualities with neighborhoods such as Park Slope, Fort Greene, Clinton Hill, Prospect Heights and Crown Heights, which have seen tremendous appreciation and growth over the years.
· These commonalities include proximity to parks for recreation, hospitals and universities that provide employment and draw new residents each year, historic architecture and an easy commute to Manhattan.
About the developer:
HELLO LIVING is a full-service real estate development firm founded in 2005 by Eli Karp. Under Eli’s vision and leadership, HELLO LIVING has developed 13 successful projects throughout Brooklyn, New York with an additional 4 in the pipeline. Our mission is to acquire and develop residential and mixed-use properties in emerging neighborhoods of New York City. Our vision is to design and build properties that we would live in ourselves and we believe we have a responsibility to cultivate vibrant communities, enhance neighborhoods and contribute beautiful and unique properties to New York City’s architectural history. Our properties are energy-efficient and designed to maximize the price per square foot of a project while remaining affordable and attractive for the end-user. At HELLO LIVING, we don’t just construct buildings, we create communities.
Real Estate Crowdfunding with RedSwan CRE can help you invest in properties and obtain fractional ownership. Build wealth and grow dividends. If you like this opportunity, please express interest by signing up at marketplace.redswan.io
Minimum Investment only $1000 !
