Real Estate Construction Company Investment Opportunity in New York, United States

Real estate construction company having completed more than 5 projects, seeks investment for a new project.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Construction
Locations  New York
Local Time 12:24 PM New York
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 2.5 million for 35.0% stake (Native Currency: USD 2,500,000)
Reason: Investment needed for a new project and will be replaced with permanent financing in 24 months and m... View More
Includes physical assets worth USD 2.5 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Real estate construction company based in New York having more than 10 projects, some are completed and a few are still under construction.

- We are seeking investment for our new residential building project on a 20,984 Sq Ft area.

- This would be a 6 storey building with 31 residential units, 6 units of 2 bedrooms, 24 units of single bedroom, 1 studio and parking lot on the first floor.

- Amenities would include on-site laundry room, storage room and bike racks. All units will have their own electrical heating / cooling PTACS with separate electric meters.

- Land has already been acquired. All professionals have been retained and currently working on clearing objections from Department of Buildings.

- We propose to start construction in the next 3 months and aim to complete it in 24-30 months.

Products & Services Overview

Commercial and Residential building construction.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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