88 Madison Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
88 Madison Ave
Asset Class
Real Estate
Asset Type
Vacation Rental
Asset Abbreviation
88-madison-ave
Asset Fraction Price
$ 51.75
Asset Fraction Yield
0.17%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 51.75
Asset Fraction Sale End Date
Asset
Valuation
$ 372,750
Category
Description
Albany is the capital city of New York State. The city is known for its architecture, commerce, culture, institutions of higher education, and rich history. It is the economic and cultural core of the Capital District of the State of New York. This property is located near Albany Medical Center, Times Union Center, Empire State Plaza, Lark Street, State Offices, and courts. It has easy access to local & regional bus routes and highways. New York plans to invest $1 billion to expand chip research in Albany.
Features
• Location: 88 Madison Ave, Albany, New York, USA
• Property type: Fourplex (4 rental units)
• Bedrooms: 6 total
• Bathrooms: 4 total
• Size: 3,032 sqft
• Purpose: Vacation rental property
• Managed by: Earl Co (Airbnb Superhost)
• Ownership: Tokenized shares in LLC
• Rental platforms: Airbnb, VRBO
• Income: Owners earn from short-term rental revenue
• Voting rights: Co-owners can vote on management and expenses
Details
Asset Platform URL
https://www.lofty.ai/
Asset Location
United States
Regulatory Jurisdiction
Albany, NY 12202
Asset Fraction Type
Security Tokens
Asset Standard
N/A
Blockchain Network
N/A
Total Asset Fraction Supply
Asset Fraction Sale Allocation
7,455 tokens
Total Asset Fractions Sold (So Far)
3,774 tokens
Max. Investment Size
N/A
Asset Fraction Sale Start Date
August 24, 2024
Assesment/Rating Provider
Assesment/Rating
Assessment/Rating Proof
Financial Statements
Financial Audits
Asset Valuation
$ 372,750
Asset Valuation Documentation
Asset Ownership Structure
Company Registration
License or Regulatory Framework
Smart Contract
Smart Contract Audit
Whitepaper
