Zhitou D1

 In Debt investment, Invest

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.

100.00%

Funded

$2,000,000.00
of $2,000,000.00 Goal
Investment Type debt
Funding Goal$2,000,000.00
Expected Annual Return9%
Min. Invest Amount$10,000.00
Funded $2,000,000.00
Closing Date 09/15/2018
Project Analysis
Risk Level EstimateA+
LocationVery Good
DeveloperVery Good
Project Cost10M-20M
Building TypeHotel, Residential and Commercial
Pre-SaleYES
Project Statusarchitectural plan approved
Term24 months
Capital SourceDeveloper own equity,Construction Loan,Bridge Loan
Construction TypeRenovate,Addition
GuaranteeProject Owner and Developer Personal Guarantee
 
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