This building represents a great opportunity to invest in Fort Green. Located on a prestigious block, 286-290 clinton ave is a 35 unit rental building comprised of 10 studios, 20-1bedrooms, and 5-2 bedrooms. 23 of 35 units are permanently exempt/ free market units. 19 of them have been fully renovated, they are independently metered for gas and electricity. Close to fort green park, Pratt Institute, St. Josephs College, Brooklyn Hospital, and close to the g, a& c trains. 15 minutes to Manhattan. This building has nothing but upside left, the area is growing rapidly, and this is the last Tree lined/Green Area in Brooklyn. This will be a perfect 1031 exchange and one of the last type of building banks are still financing. Check out the interview with the Developer below and on you tube (NYCGtube).
All information
furnished herein is from sources deemed reliable. No
representation is made by NY Casa Group nor is any to be
implied as to the accuracy thereof and all information is submitted
subject to errors, omissions, change of price, prior sale or lease, or
withdrawal without notice. All dimensions are approximate.
For exact dimensions, please hire your own architect or engineer.