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$19,000,000

Beds
34
Baths
32.0
sq ft
25,000

98-106 Clifton Pl, Brooklyn, NY 11238

98-106 Clifton Pl

New York City, NY 11238

  • 182 days on market
<p><em>Introducing The Yarn Factory, a rare </em><em>four building project composed of 16</em><em>spacious fair-market condominiums.</em><em>That are non-sponsor owned condo</em><em>units.</em></p><p><em><br>Several converging factors make </em><em>this opportunity an attractive </em><em>option for those seeking to</em><em>supplement their portfolio with</em><em>a boutique investment property</em><em>with solid fundamentals and</em><em>high upside.</em></p><p><em><br>READY TO UPGRADE:</em></p><p><em>Sixteen condominiums; Including </em><em>8 units that are loft style duplexes</em><em>and triplexes range f rom 1,300 to</em><em>1 ,700 square feet and have been well</em><em>maintained since being constructed</em><em>in 2003. Exteriors are marked by</em><em>rich brown brick fa ades, while</em><em>interiors feature hardwood floors,</em><em>sash windows, and open-plan</em><em>layouts. Buildings also have private</em><em>outdoor space and shared laundry</em></p><p><em>facilities. Further modernizations </em><em>will incur minimal renovation </em><em>costs beyond light cosmetic </em><em>enhancements.</em></p><p><em><br>COMPLETED CONDO </em><em>CONVERSION:</em></p><p><em>The Yarn Factory offers significant </em><em>savings compared to undertaking</em><em>a ground-up condo development.</em><em>Investors can use the resources and</em><em>time they would have put into the</em><em>conversion process to make simple</em><em>design changes and create luxury</em><em>condos catering to market </em><em>preferences and tastes.</em><em>Don't miss your chance to acquire</em><em>this rare, fully converted condo</em><em>portfolio in one of New York's most</em><em>sought-after communities.<br><br>Contact </em><em>us today to learn more about this </em><em>unique investment opportunity.</em></p>

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$760

Year built

Unknown

Annual property taxes

$174,732

Price History

05/07/2024
REBNY

REBNY #RPLU-1032522997181

Listed
$19,000,000

Schools & Community

Neighborhood: 

Clinton Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/05/2024 at 5:45 AM

Listing updated: 10/31/2024 at 3:47 PM

Listed by: Tricialee Riley, Serhant Phone #: (646) 480-7665

MLS: REBNY #RPLU-1032522997181

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