Project Description
Acquisition, renovation and resell of a building with 13 appartments and two commercial units with a total size of 9,000 SF. The project is located a short walking distance from the Subway and Central Park within a relaxed neighborhood next to museums and luxury shops.
445 East 78th Street, NY USA
Year launched
2017
Expected duration
24 Months
About the neighborhood
Upper East Side s one of the most in-demand neighborhoods in Manhattan due to its prestigious position. Most of its residents are of high socioeconomic status. The neighborhood features a well based Jewish community, synagogues and Jewish schools.
About the developer
Itzhaki Acquisition specializes in planning and improving U.S. real estate, focusing on multi purpose properties and residential properties in New York’s top neighborhoods. The company has extensive experience in evicting protected tenants, renovations and improvements of property.
The opportunity
Acquisition, renovation and resell of a building with 13 appartments and two commercial units with a total size of 9,000 SF. The project is located a short walking distance from the Subway and Central Park within a relaxed neighborhood next to museums and luxury shops.
Other projects by the sponsor
Brooklyn, New York
The acquisition of 4 buildings designated for rent, including 33 residential units and 2 commercial units, will be upgraded and sold in Brooklyn, New York, USA 313S 4th Street 332 Rodney Street 431
Manhattan, New York – 445 East 78th
Acquisition, renovation and resell of a building with 13 appartments and two commercial units with a total size of 9,000 SF. The project is located a short walking distance from the Subway and
Midtown East, Manhattan, New York
Equity raised $5,584,300
Target annual return 22.11%
התקשרו
להצטרפות