<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>
Property Details
Property Features
Property Information:
Living Area: 25,000 SqFt
Listing Office:
Office Name: Serhant LLC
Office Phone: (646) 480-7665
Listing Agent: Tricialee Riley
Agent Phone: (917) 330-9737
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 8
Full Bathrooms: 24
Total Bedroom Count: 34
Exterior Features
Exterior Information:
View: Other
Utilities
Utilities Information:
Cooling: Wall Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $19,000,000
Price Per SqFt: $760/SqFt
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Housing Market Comparison
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/20/2024, 2:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
PS 11 Purvis J Behan
419 Waverly Ave
Distance between this listing and this school0.16 miles
Public District Grades PK-5
2
/10
PS 270 Johann Dekalb
241 Emerson Pl
Distance between this listing and this school0.22 miles
Public District Grades PK-5
3
/10
PS 56 Lewis H Latimer
170 Gates Ave
Distance between this listing and this school0.28 miles
Public District Grades PK-5
Nearby Schools
9
/10
Community Partnership Charter School
241 Emerson Pl
Distance between this listing and this school0.22 miles
Public Charter Grades KG-8
4
/10
Urban Assembly Unison School (The)
170 Gates Ave
Distance between this listing and this school0.28 miles
Public District Grades 6-7
3
/10
Middle School 113 Ronald Edmonds Learning Center
300 Adelphi St
Distance between this listing and this school0.38 miles
Public District Grades 6-8
Nearby Schools
8
/10
Achievement First Endeavor Charter School
510 Waverly Ave
Distance between this listing and this school0.36 miles
Public Charter Grades KG-12
2
/10
Brooklyn High School For Leadership and Community
300 Willoughby Ave
Distance between this listing and this school0.43 miles
Public District Grades 9-12
2
/10
Brooklyn Community Arts & Media High School
300 Willoughby Ave
Distance between this listing and this school0.43 miles
The neighbors living near this home have an average income of $107,398. Most New York, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 98-106 Clifton Place
What is the listing price of this property?
The listing price of 98-106 Clifton Place property is $19,000,000.
What type of property is this?
The property 98-106 Clifton Place is a townhouse located in New York City, New York, 11238.
Is this property for sale now?
Active Listing: 98-106 Clifton Place is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 98-106 Clifton Place has 34 bedrooms and 24 full and 8 half bathrooms.
What is the square footage of this property?
The property 98-106 Clifton Place is 25,000 SqFt (source: MLS/tax record).
Interested in 98-106 Clifton Place? Let's connect.
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This home is located at 98-106 Clifton Place in New York City, NY and zip code 11238 in the Northwestern Brooklyn neighborhood. Features: 34 bedrooms, 32 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $19,000,000.
New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.
From Rocket Homes Real Estate and based on county public records data.
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