$19,000,000
98-106 CLIFTON Place Brooklyn, NY 11238
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Listing Courtesy of Serhant
$19,000,000
Est. payment /mo
34 BD
25 BA
25,000 SqFt
Active
98-106 CLIFTON Place Brooklyn, NY 11238
UPDATED:
11/07/2024 11:20 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 25,000 sqft
Price per Sqft $760
Subdivision Clinton Hill
MLS Listing ID RPLU-1032522997181
Bedrooms 34
Full Baths 24
Half Baths 8
HOA Y/N No
Annual Tax Amount $174,732
Property Description
Introducing The Yarn Factory, a rare four building project composed of 16spacious fair-market condominiums.That are non-sponsor owned condounits. Several converging factors make this opportunity an attractive option for those seeking tosupplement their portfolio witha boutique investment propertywith solid fundamentals andhigh upside. READY TO UPGRADE: Sixteen condominiums; Including 8 units that are loft style duplexesand triplexes range f rom 1,300 to1 ,700 square feet and have been wellmaintained since being constructedin 2003. Exteriors are marked byrich brown brick fa ades, whileinteriors feature hardwood floors,sash windows, and open-planlayouts. Buildings also have privateoutdoor space and shared laundry facilities. Further modernizations will incur minimal renovation costs beyond light cosmetic enhancements. COMPLETED CONDO CONVERSION: The Yarn Factory offers significant savings compared to undertakinga ground-up condo development.Investors can use the resources andtime they would have put into theconversion process to make simpledesign changes and create luxurycondos catering to market preferences and tastes.Don't miss your chance to acquirethis rare, fully converted condoportfolio in one of New York's mostsought-after communities. Contact us today to learn more about this unique investment opportunity.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Cooling Wall Unit(s)
Fireplace No
Laundry Building Other
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Ownership None
Monthly Total Fees $14, 561
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Coastal Property Advisors
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