$12,500,000 USD
718-475-4382
387 Clinton St
Brooklyn, NY 11231
Carroll Gardens
HIGHLIGHTS
- Delivered vacant and located on one of the most desirable blocks in BKLYN, 387 Clinton St offers, unique opportunity to developers and investors alike
- Spanning 14,272 square feet and offering 42 feet of frontage over 5 floors, this asset presents investors with a plethora development options.
- Positioned in the heart of Carroll Gardens, one of the highest demand neighborhoods in New York, this asset ensures strong cash flow for years to come
- Offered at an attractive basis ($876 PSF) coupled with luxury condo sales hitting upwards of $2,000 PSF in the area
- Developers are presented with a strong opportunity to enter a prime neighborhood.
FOR SALE DETAILS
PRICE
$12,500,000 USD
PRICE/SF
$907 USD /SF
# OF UNITS
8
PRICE/UNIT
$1,562,500
CAP RATE
4.9%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1920
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.1 AC
LAND SF
4,356 SF
ZONING
R6
APN/PARCEL ID
00339-0004
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718-475-4382
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718-475-4382
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