248 Palmetto Street, 1

Welcome to 248 Palmetto Street - Bushwick's newest and
tastefully curated boutique condominium.

Each residence at 248 Palmetto Street offers polished and
refined intent as well as a contemporary approach to new-fashioned living. All
three residences boast Northern and Southern exposures as well as thoughtfully
spacious layouts - most of which include private outdoor space.

Residence #1 is a spacious duplex featuring two bedrooms and 2.5
baths. Beautiful bay windows provide a view to the tranquil tree-lined street
below. The considerably spacious living area, further accentuated by 10'
ceilings, provides the luxury of accommodating an array of interior concepts.
There is more than enough room for a home office configuration should you
choose to work from home.

The custom, meticulously curated kitchen was designed with the
modern household in mind. A beautifully veined stone lays effortlessly across
the kitchen counters while the back-splash provides character and personality.
All the stonework was tastefully chosen to highlight the honey-toned wooden
cabinetry which accents the space while providing warmth and depth. The
kitchen includes a top-of-the-line Bertazzoni appliance package including a 30"
gas stove, double-door refrigerator with a bottom freezer, 24" dishwasher, and
an above range microwave.

All of the bathrooms in this home are fastidiously designed and
feature a stunning blend of accent features with classic neutrals. The solid
wood vanities provide ample storage as well as aesthetic appeal. The city
bustle will soon disappear with a tranquil soak in the tub or a long, hot
shower. The half bath adds an extra touch of convenience to the unit.

The two bedrooms are well-proportioned, and the primary bedroom
features its own ensuite bathroom. The sunny primary boasts sizable windows and
a spacious walk-in closet. The ensuite bathroom will be sure to surprise and
delight with its gorgeous marble and tile work. Additionally, it is outfitted
with brushed nickel fixtures & hardware to tie in with the Calcutta Viola
marble that serves as the design's highlight.

Residence #1 also boasts its own verdant oasis in the form of a
private backyard. Additional space includes a roomy cellar space
downstairs.

248 Palmetto Street rests quietly in the center of the most
residential part of Bushwick, home to many neighborhood favorites including
L'imprimerie, Abe's Pagoda, Meza Azteca, Ltauha, Carmentas, and many more.
Nearest access to public transportation includes the M at Knickerbocker Avenue,
as well as the LM at Myrtle Wycoff and J at Gates Avenue.

This is not an offering. The complete offering terms are in an offering plan available from the File No. CD#23-0277.