Active Multi-Family
Clinton Hill
98-106 Clifton Place, Brooklyn, NY 11238
Beds 34
Baths 25
Sq Ft 25000
Exclusive Listing by Serhant LLC
$19,000,000

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.

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Map

Amenities

Transportation

Subway lines nearby
Greene Av/Classon Av
Classon Av
Greene Av/Grand Av
De Kalb Av/Classon Av
Lafayette Av/Franklin Av
Franklin Av/De Kalb Av
Franklin Av/Gates Av
Greene Av/Washington Av
Bedford Av/De Kalb Av
Putnam Av/Classon Av

Neighborhood

Schools
Stellar Music Space
Community Partnership Charter School - Elementary School
Benny’s Daycare
JCC Brooklyn Clinton Hill- Preschool and Daycare
P.S. 270 Johann DeKalb
Autoescuela Manhattan
Stueben Design Center
Pratt Studios
Brooklyn Schoolhouse
K351 The Urban Assembly Unison School
P369K@56
Emmanuel Day Care Kindergarten
PS 45
ELJ Residential Hall, Pratt Institute
Little Nest Learning Center- Downing Street
Dekalb Hall
DeKalb Gallery
Engineering Building
Pratt Institute
Spatial Analysis and Visualization Initiative (SAVI)
Mi Casita Bilingual Preschool
Greek Mythology Now
Francis Scott Key Junior High School
MS 596 Peace Academy
K616 Brooklyn High School for Leadership and Community Service
$19,000,000
favic
Undivided Crew