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The best construction deal in Brooklyn - an opportunity to 100 Percentage of the doubling of money in 3 years!

$21,500,000

Flip Multi - Party

Brooklyn, New York City, United States

WhatsApp Facebook Twitter Pinterest LinkedIn Email

Flip Multi - Party

The best construction deal in Brooklyn - an opportunity to 100 Percentage of the doubling of money in 3 years!

Brooklyn, New York City, United States

$21,500,000

Overview

Property ID: hz-8732

Country
Property Type

0
Bedroom

0
Bathroom

119000
sqft

28/06/2019
year Built

Description

Property Updated on Saturday, June 29, 2019 by Lior Lustig

Hello friends,

For entrepreneurs from us - we got the best deal in Brooklyn in exclusivity !!!

Transaction details -

1. 119 thousand squire Pete for construction - Commercial and residential - in a super central location! - Directly from the seller!

2. What is there now? There is currently a 32 square foot building on the site, and there are 87 Air Rights - what does that mean? That means after the demolition of the existing building $ 119 can be built in downtown Brooklyn! Take into account how many apartments and shops it is!

3. What price does the seller ask? Funny price for anyone who knows the market in Brooklyn! Asking price 21 only one and a half million dollars!

How much is Squire Pete? 180 USD ONLY For Square Pete Land - Anyone who works in Brooklyn knows that a regular price for Square Pete at $ 250 is considered a bargain!

4. So how much will it cost you to build - A rough assessment of the Wholesaler who has a lot of experience in the field -
Building Price for Square Pit Hard + Soft

What does bronze mean? All the construction itself - bricks, paint, bulldozers, etc. - you understood the idea.

What does Soft mean? All the plans themselves, architect, engineer, etc. - you got the idea.

How much is total?

Total 41 and half a million dollars for construction

Construction + land: and half construction + 21 and half a million dollars land = 63 million dollars total

5. What did the entrepreneur gain?
The cost of construction for Squire Pete will be 530 USD (The cost of construction of the building includes the total land.)

Compasses - CMA:
Currently selling in the 1100 region to 1200 for the built-in Squire
(We will soon add a number of kompas)

Expected profit after sale - over 50 percent!

Ie 63,000,000 PROFIT!

6. Expected project time:About 36 months to finish including everything:Six months to 9 months to get Approved Plan
Total construction includes up to 3 years.

8. Cost of brokerage

Of your expected 63,000,000 earnings

The developer requests a brokerage cost of 5 percent of the amount of land purchase - only about 1M.

Why is it cheap? First thing out of the future profit is a very low amount! Plus there is no broker fee that usually takes 6 per cent!

Forum brokerage fee - 1 percent - 215 thousand dollars

The total entrepreneur's commission is Wholesaler and the forum = a broker's standard commission (6 percent).

7. Boots on the Ground:

You can purchase the space and do everything yourself….
or….
The developer can and is willing to manage this for you for 3 years, everything includes everything from A to T!

That is, obtaining the approved plan, working with the contractor until the completion of the construction, and selling the apartments!
The cost of labor for 3 years - will be a percentage of the profit, will be summarized below if you choose this route.

Questions?

Contact us now!

Pictures for illustration only - do not search the area alone will not help you 🙂