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6117 Hyde Flats Road 21

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

6117 Hyde Flats Road 21

Asset Class

Real Estate

Asset Type

Commercial Real Estate

Asset Abbreviation

6117 HFR 21

Asset Fraction Price

$ 53.17

Asset Fraction Yield

7.05%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 53.17

Asset Fraction Sale End Date

Asset
Valuation

$ 61,650

Category

Description

This Lofty.ai investment refers to a large parcel of rural land located along Hyde Flats Road in Black Creek, a hamlet in Allegany County, New York. Rather than a traditional residential home, this is undeveloped farmland totaling approximately 29.6 acres and currently used for agricultural purposes. The land is flat and level, making it suitable for farming, recreational use, or holding for future appreciation. It’s owned free and clear with no debt, and the investment strategy is to hold the property for several years (3–5 years) before selling for potential capital gains, with investor governance determining the sale timing. This type of investment is less about rental income and more about land value appreciation over time, especially given historically rising per-acre land values in the area.

Features

  • Property type: Raw / unimproved land offered as a real-estate investment (not a traditional home)
  • Location: Hyde Flats Road, Black Creek, Allegany County, NY 14714 (rural area)
  • Lot size: ~29.6 acres of flat, level land
  • Current use: Farmland / agricultural / undeveloped land
  • Condition: Raw land, no buildings or improvements
  • Investment strategy: Held for capital appreciation with an anticipated sale in 3–5 years (investors decide by governance vote)
  • Comparable land value: Historically around $810 per acre in 2019; appraised at $2,034 per acre in 2024 (indicative)
  • Total property value: Approx $61,650 in the Lofty.ai investment context
  • Location context: Black Creek is a small rural community in western New York, part of the Town of New Hudson between Cuba and Belfast, NY.
  • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Black Creek, NY 14714

    Asset Fraction Type

    Security Tokens

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    1,233 tokens

    Asset Fraction Sale Allocation

    1,233 tokens

    Total Asset Fractions Sold (So Far)

    Max. Investment Size

    Asset Fraction Sale Start Date

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 61,650

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

    Relevant External Links

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