For past one year, National Realty Investment Advisors, LLC (NRIA) has delivered several profitable investment deals in Brooklyn, NYC and has helped many accredited investors in enhancing their real estate investment portfolio. Now, we are ready with another high-yield investment property in Brooklyn’s prime neighborhood Carroll Gardens.
248 Union Street is a development (complete renovation) project that will transform a 3-unit multifamily unit into 3 high-end luxury condominiums. The property is located just 2 miles from Manhattan (1.2 miles from the Brooklyn Bridge) with many subway lines at a walking distance.
The investment plan for this investment property covers financing its development, as well as the acquisition. NRIA is offering a guaranteed 10% IRR (internal return rate) with this investment deal, with distribution as follow; 7.5% paid monthly during development, and 2.5% accrued on exit. The estimated completion time for the project is 21-months.
In addition to that, as per our historic analysis of the market, the project has the potential to deliver up to 14% net IRR to investors.
This investment opportunity is available to a limited number of accredited investors and will be closing soon. Interested investors can contact us for more details or call us at 201-210-2727 for bookings.