This 4853.35 SF lot is located in one of the most popular areas in New York, right next to Williamsburg Bridge. Williamsburg Bridge area has become a new favorite area of popular culture and New York culture in recent years. It is because of the wealth of activities, as well as convenient transportation to Manhattan. The young generation has been paying more and more attention to this area. L line gives residents express access to 14 Street Union Square areas of Manhattan, M and J lines are connected with many communities in lower Manhattan. This project will be converted into a mixed retail and residential property. The basement is for commercial space; the 1st floor is for commercial space and community; the 2nd floor is for community use; the 3rd to the 8th floor is total of 13 resident condos.
|Expected Annual Return||9%|
|Min. Invest Amount||$10,000.00|
|Risk Level Estimate||A+|
|Building Type||Hotel, Residential and Commercial|
|Project Status||architectural plan approved|
|Capital Source||Developer own equity,Construction Loan,Bridge Loan|
|Guarantee||Project Owner and Developer Personal Guarantee|