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Green-trifying Bushwick

North East, USA

28% Raised

Short Summary

I am adamant about saving Our Planet. With your help, I can offer Environmentally Sustainable Housing to the Geo-conscious Millennial clientele who are eager to buy it. As of late 2019, no other developers in Brooklyn are offering this.

Overview

Target
670'000CHF
Minimum
19'000CHF
Investment Raised
190'000CHF
Previous Rounds N/A
Stage Pre-Startup/R&D
Investor Role Any

Highlights

  • Actual Deal in Bushwick; Vacant Lot, 25'x60', Zoning R-6/C2, FAR 3.2, $540K
  • Plan: Construct 3 story bldg with Commercial main floor & 4 condos above
  • Cost to Build: $1.65M, PP: $540K, Interest@10%: $219K, Total Cost: $2.4M
  • Gross Sales: Condos $3.0M, Commercial $1.5M, Net Profit $2.09M, Time 8 mths
  • This is the typical "Bread and Butter" deal
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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