Prospect Place Brooklyn Development LLC is a real estate fund based in Brooklyn, New York. According to its most recent Form D, filed Feb 3, 2026, it has sold $582,856 of interests to 8 investors since its first sale in Jan 2026. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Nigel Boyden; Harsh Jaggi; Rekha Iyengar.
- Total raised
- $582,856Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jan 7, 2026
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Nigel Boyden; Harsh Jaggi; Rekha Iyengar
- Latest Form D
- Feb 3, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Prospect Place Brooklyn Development LLC
What is the minimum investment for Prospect Place Brooklyn Development LLC?
According to its latest Form D, filed Feb 3, 2026, the minimum investment Prospect Place Brooklyn Development LLC accepts from an outside investor is $25,000.
Who can invest in Prospect Place Brooklyn Development LLC?
Prospect Place Brooklyn Development LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Prospect Place Brooklyn Development LLC raised?
Prospect Place Brooklyn Development LLC reports $582,856 sold from 8 investors on its Form D filed Feb 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Prospect Place Brooklyn Development LLC based?
Prospect Place Brooklyn Development LLC is based in Brooklyn, New York.
When did Prospect Place Brooklyn Development LLC launch?
Prospect Place Brooklyn Development LLC reports its first sale in Jan 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 53% of the 812 real estate funds based in New York, and more than 26% of all 7,349 that report sales.