98-106 CLIFTON Place, New York City, NY 11238 (MLS # RPLU-1032522997181)

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PRICE $19,000,000 BEDS 34 BATHS 32 HOME SIZE 25,000 sqft LOT SIZE 8,974 sqft Request More Info Schedule a Showing

Introducing The Yarn Factory, a rare four building project composed of 16spacious fair-market condominiums.That are non-sponsor owned condounits.

Several converging factors make this opportunity an attractive option for those seeking tosupplement their portfolio witha boutique investment property with solid fundamentals and high upside.

READY TO UPGRADE:

Sixteen condominiums; Including 8 units that are loft style duplexesand triplexes range f rom 1,300 to1 ,700 square feet and have been wellmaintained since being constructedin 2003. Exteriors are marked byrich brown brick fa ades, whileinteriors feature hardwood floors,sash windows, and open-plan layouts. Buildings also have privateoutdoor space and shared laundry

facilities. Further modernizations will incur minimal renovation costs beyond light cosmetic enhancements.

COMPLETED CONDO CONVERSION:

The Yarn Factory offers significant savings compared to undertakinga ground-up condo development.Investors can use the resources andtime they would have put into theconversion process to make simpledesign changes and create luxurycondos catering to market preferences and tastes. Don't miss your chance to acquirethis rare, fully converted condoportfolio in one of New York's mostsought-after communities.

Contact us today to learn more about this unique investment opportunity.