14 Calvert Drive, Monsey, NY


Investment Highlights

Transaction Value: 

Asset Class:


  • Purchase Date: 09/11/2020
  • Purchase Price: $1,300,000
  • Asset Type: Ground Up Multi Family Luxury Apartments
  • Projected IRR: 40.24%

Premium Capital Resources acquired the land on 14 Calvert Drive, Monsey NY with permits and approvals to develop a 3-story apartment building with 6 luxury units. The total project cost will be about $3,000,000 and is projected to return about 40.24% IRR return and a 1.28 equity multiple in about 13-14 months.

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