85 CLAY ST, BLDG
$12,750,000
- 40
- beds
- 23
- Baths
- Single Family Townhouse
AGENTS
Source of Data:
Resource
Property Description
Click for NYS Housing Discrimination Disclosure Notice & Form
85-87 Clay Street is an investment opportunity tucked away in the Northwestern corridor of Brooklyn (North Greenpoint) that meets Queens (LIC Prime)This villa-like assemblage of 20 apartments across three buildings is a RARE opportunity to own something special.
Located in a Qualfied Opportunity Zone!
There are only 2 rent-stabilized units throughout the premises. Once known as the speakeasy capital of Brooklyn, historians cite that there were once about eight hundred speakeasies that existed in the neighborhood ("Greenpoint") behind closed doors during Prohibition. As seen on the floorplans & survey, you will find a 4-story eight-unit building on the left side of the assemblage with sophisticated layouts to maximize profit. To the right of that, 87 Clay Street welcomes you into the fold through a "speakeasy-like" entrance way, adjacent to its three-car garage fixture. You're greeted by a lush green courtyard where you find access to the remaining 12 free market apartments (split between the middle building and 2-story loft building in the rear) to escape the bustling city life. Please note the building does have air rights but it is suggested that you discuss any development type ambitions with a third-party expert (i.e. contractor, architect, etc.)
PROPERTY DETAILS
- Interior
- 15,050 Sq Ft.
- MONTHLY MAINTENANCE/CC
- $875
- Property Type
- Single Family Townhouse
- MONTHLY REAL ESTATE TAX
- $5,825
- Year Built
- 1928
- MLS/Listing ID
- 21976979
Greenpoint
Featured neighborhood
Greenpoint
Development along the waterfront in Greenpoint offers a variety of amenity-rich high-rises alongside the older low-rise buildings in the area.
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