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Clifton Place

98-106 Clifton Place / BROOKLYN / NY
$19,000,000
34
24
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Description
Available now
Sale listing #1916212
25000 sq. ft.
Located in Clinton Hill
Property Type: Townhouse
Floor: 1
Total Rooms: 82
The monthly total payment including maintenance and/or common charges plus taxes is $101,126/month. This assumes 20% down payment and a 30 year rate of 7.00%.
Want to know approximate closing costs? Visit our closing cost calculator

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 property with solid fundamentals and high 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-plan layouts. 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.

Amenities
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Listing by Serhant LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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Highline Residential
(212) 960-8740
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