Project Description
Acquisition of a 28,770 SF lot and construction of a seven-story, 26-unit apartment building.
308 West 142nd Street, West Harlem, New York, NY, USA
Year launched
2014
Expected duration
36 Months
About the neighborhood
West Harlem is located north of Columbia University. The neighborhood is accessible by many public transportation lines, located just a few subway stops from Central Park, the Upper East Side and Riverside Park.
About the sponsor

The Deepdale Group specializes in development and management of New York area real estate projects. Its executive team has an accumulated experience of over 50 years in the real estate market, as well as management of over 1,500 properties.
The opportunity

Acquisition of a 28,770 SF lot and construction of a seven-story, 26-unit apartment building.
Other projects by the sponsor
Washington Heights, Manhattan, New York
Equity raised $4,178,521
Target annual return 22.60%
West Harlem 2, Manhattan, New York
Equity raised $6,168,145
Target annual return 21.37%
Manhattan Valley, Manhattan, New York – Exit February 2014
Achieved annual return
18.00%
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