85 CLAY ST, BLDG

$12,750,000
40
beds
23
Baths
Single Family Townhouse

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
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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.)
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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
  • Days On Market
    221

Amenities

  • Pre-War
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Pets Allowed
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