$19,000,000
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98 Clifton Pl Brooklyn, NY 11238
Townhouse
Residence
34
Beds
25
Baths
...
Bed/Bath
25,000
Sq. Ft.
Property Activity
Time on Site
days
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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.
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MLS#
RPLU-1032522997181
Property Type
Townhouse
Bedrooms
34
Bathrooms
24 Full/8 Half
Square Feet
25,000
sq. ft
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