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Updated 28 days ago on . Most recent reply

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Nigel Okafor
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Brooklyn (Canarsie) 50% Equity - 2.87% Debt

Nigel Okafor
Posted

I’m looking for feedback and potential capital partners on a control position I have in a multi-family in Canarsie (Brooklyn).

Key details:
• Estimated current value: ~$975K–$1.02M (recent area comps)
• Existing mortgage at ~2.87%
• 50% ownership interest available
• Target entry: low–mid $300Ks for the 50% position

Structure options:
– Preferred: mortgage assumption
– Also open to structured equity / JV discussions

I’m primarily interested in connecting with experienced operators who understand Brooklyn asset management and long-term hold strategy.

Happy to share rent roll, expense breakdown, and valuation comps with proof of funds.

Would appreciate thoughts from the group on pricing and structure as well.

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