BROOKLYN REAL ESTATE FANTASY: WOMAN MAKES 11,744% PROFIT
If you own a piece of real estate in Brooklyn, Mildred Furiya has a message for you: HOLD THE FUCK ON TO IT.
This chick bought a four-story townhouse on State Street in 1967 for $16,000. And if you think that sounds like a bargain, remember that back in 1967, Brooklyn Heights was basically the hood: "the block was a hangout for vagrants and a boarding house across the street was home to a group of prostitutes."
Anyway, Furiya put in her time, renovated shit and waited this whole gentrification thing out. Annnnnd she just sold the joint for a cool $1.895 millie.
Well, shit, I own an apt in BK!
And I've done the calculations, thanks to Mildred! So FYI, our 1bd apt should be worth approximately 11 billion dollars in 2059.
W00T!
(via Gothamist)
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