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    316 Clinton Avenue

    BROOKLYN, NY 11205
    • $3,299,000
    • STATUS: Active
    • ON SITE: 595 days
    • MLS #: 427865
    UPDATED: 14 min ago
    $3,299,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 10
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    Area:

    School Ratings & Info

    Description

    A Clinton Hill Historic District rare find for any owner-user and/or investor that is interested in doing a 1031 Exchange. This elegant, gilded mansion is located on Brooklyns "Gold Coast, and it was designed in 1884, at the height of Brooklyns gilded age. Originally designed and built to attract New Yorks most affluent residents, this property preserves many of its original divine architectural details that define its charm. A 10-unit building, this property is a great opportunity and a certain investment for a variety of development ideas, as it is situated among some of the most beautiful mansions in Brooklyn and nestled on a wide tree-lined street that has come to define the historic and highly-desirable Clinton Hill. The 6,786 square foot building on the lot features 8 studio apartments; 1-1 bedroom apartment; a ground floor that has 2.5 bedrooms; a basement with clean space for storage (with opportunity for development of livable space); and a spacious backyard. The home also has an impeccably kept mahogany staircase that retains the splendor of its original era and a grand foyer that takes you back to another era, uniquely designed with stained glass and restored sunlit units. A must see this property offers endless opportunities, including the development of a home office with street access. Conveniently located, 316 Clinton Avenue is close to the Barclay's Center, the Brooklyn Academy of Music, Saint Josephs College, public transportation, and so much more!

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    © 2020 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2020-10-24T16:00:18.797.
    www.remaxedgeny.com/homes/92515863
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    316 Clinton Avenue BROOKLYN, NY 11205

    • Price: $3,299,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 427865
    0
    Beds
    10
    Baths
    1
    ½ Baths
    0.08
    Acres
    1905
    Built
    Neighborhood:
    Brooklyn
    County:
    Kings (Brooklyn)
    Area:
    Clinton Hill
    Property Description
    A Clinton Hill Historic District rare find for any owner-user and/or investor that is interested in doing a 1031 Exchange. This elegant, gilded mansion is located on Brooklyns "Gold Coast, and it was designed in 1884, at the height of Brooklyns gilded age. Originally designed and built to attract New Yorks most affluent residents, this property preserves many of its original divine architectural details that define its charm. A 10-unit building, this property is a great opportunity and a certain investment for a variety of development ideas, as it is situated among some of the most beautiful mansions in Brooklyn and nestled on a wide tree-lined street that has come to define the historic and highly-desirable Clinton Hill. The 6,786 square foot building on the lot features 8 studio apartments; 1-1 bedroom apartment; a ground floor that has 2.5 bedrooms; a basement with clean space for storage (with opportunity for development of livable space); and a spacious backyard. The home also has an impeccably kept mahogany staircase that retains the splendor of its original era and a grand foyer that takes you back to another era, uniquely designed with stained glass and restored sunlit units. A must see this property offers endless opportunities, including the development of a home office with street access. Conveniently located, 316 Clinton Avenue is close to the Barclay's Center, the Brooklyn Academy of Music, Saint Josephs College, public transportation, and so much more!
    Exterior Features

    Construction Materials BrickOther Exterior BrickVinyl Siding Lot Size Length 90 Lot Size Width 37 Roof Flat Yard Back

    Interior Features

    Basement Amenities Full Flooring HardwoodTile Foundation Details Other Heat Delivery Hot Air

    Property Features

    ACUnits 0 Block 1929 Building Amenities Bike RoomsNon-Resident SuperintendentRecreational RoomSecure Lobby Construction Type Attached Cross Street Name Dekalb Avenue Cross Street Name2 Lafayette Avenue Electric 220 V Financing Bank MortgageCash Fuel Expense 4150.00 Gross Income 188023 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 6100.00 Lot Number 36 Lot Size Irregular YN 0 Net Operating Income 148598.00 Number Of Families 10 Property Sub Type Multi-Family Property Type Residential Residential Features Patio GardenRefrigeratorStove Tax Amount 22400.00 Transaction Type Sale Utility Expense 1575.00 Zoning R6b

    Listing information © 2020 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of Coldwell Banker Reliable.


    © 2020 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2020-10-24T16:00:18.797.
     
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