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For Sale
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place
98-106 Clifton Place

98-106 Clifton Place

$19,000,000

  • 34 BEDROOMS
  • 24 FULL BATHS
  • 8 HALF BATHS
  • 25,000 Sq.Ft.

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.

Overview

Property Type
Townhouse
Location
98-106 Clifton Place, Brooklyn, NY 11238
MLS ID
RPLU-1032522997181
Listing Last Updated

Property Features & Amenities

Interior

Total Bedrooms
34
Full Bathrooms
24
Half Bathrooms
8

Exterior

Stories
1
Air Conditioning
Wall Unit(s)

Details

Neighborhood
Clinton Hill
View Description
Other

Financial

Price
$19,000,000
Real Estate Tax
$174,732/yr

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Exclusive Listing Agents

Tricia Lee Riley

Licensed Associate Real Estate Broker

(917) 330-9737
Jeffrey St Arromand

Licensed Real Estate Salesperson

(646) 228-6471

SERHANT. Lifestyle Index

Amplifying our listings by providing geo-targeted data insights that matter most.

    The Neighborhood

    Clinton Hill

    Marked by traditional townhouses and apartment buildings as well as a flurry of greenspaces, Clinton Hill is a centrally-located residential neighborhood with a unique college-town vibe.

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