Project Description
Acquisition of a lot and apartment building 10,743 SQF in size, designed in an urban, luxurious and functional manner, according to local audience demand.
174 West Street, Brooklyn, New York, USA
Year launched
2013
Expected duration
30 Months
About the neighborhood
Greenpoint is the most Northern neighborhood in Brooklyn. With a new outline and improved public transportation infrastructure, it is currently flourishing and attracting new residents.
About the sponsor
Thomas Liberman prides himself on 30 years of experience in the real estate field, an in-depth knowledge of the Brooklyn area and proven skills in located unique properties and forecasting demand trends in the New York real estate market.
The opportunity
Acquisition of a lot and apartment building 10,743 SQF in size, designed in an urban, luxurious and functional manner, according to local audience demand.
Other projects by the sponsor
Manhattan, New York – Upper East Side – Exit October 2016
Acquisition, renovation and resale of the 4,160 SF of apartments and 900 SF shop on the ground floor of a four-story building, as well as updating of the exterior façade and addition of
Brooklyn, New York – 174 West Street
Equity raised $1,920,000
Target annual return 22.90% - 24.50%
Crown Heights, Brooklyn, New York – Exit July 2014
Achieved annual return
22.70%
Manhattan Avenue, Brooklyn, New York
Equity raised $3,030,000
Target annual return 24.30%
