Listing Courtesy of: Tricialee Riley - Serhant LLC 646-480-7665
$19,000,000 affordable loan icon Calculate Payment

98 Clifton Pl Brooklyn, NY 11238

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Townhouse Residence
34 Beds
25 Baths
25,000 Sq. Ft.

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Last updated on 5/30/2024 11:12 AM
Introducing The Yarn Factory, a rare four building project composed of 16 spacious fair-market condominiums. That are non-sponsor owned condo units. Several converging factors make this opportunity an attractive option for those seeking to supplement their portfolio with a boutique ...investment property with solid fundamentals and high upside. READY TO UPGRADE: Sixteen condominiums; Including 8 units that are loft style duplexes and triplexes range f rom 1,300 to 1 ,700 square feet and have been well maintained since being constructed in 2003. Exteriors are marked by rich brown brick fa ades, while interiors feature hardwood floors, sash windows, and open-plan layouts. Buildings also have private outdoor 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 undertaking a ground-up condo development. Investors can use the resources and time they would have put into the conversion process to make simple design changes and create luxury condos catering to market preferences and tastes. Don't miss your chance to acquire this rare, fully converted condo portfolio in one of New York's most sought-after communities. Contact us today to learn more about this unique investment opportunity. Continue reading
MLS#
RPLU-1032522997181
Property Type
Townhouse
Bedrooms
34
Bathrooms
24 Full/8 Half
Square Feet
25,000 sq. ft

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Listing Courtesy of: Tricialee Riley - Serhant LLC 646-480-7665
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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This content last refreshed on 5/30/2024 11:12 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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