85 CLAY Street Unit: BLDG

New York City, NY, 11222

$12,750,000

$847 per ft²
$12,750,000
$847 per ft²
Active
Active
 - For Sale
beds
40 Beds
baths
23 Baths
carpenters-square
15,050 ft²
property_type
Condo
calendar
Built 1928
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.)
MLS® ID:
RPLU-5121976979
Listed:
8/12/22
Updated:
3/31/23
Aston Rose Sports and Entertainment

Interior Features

Kitchen Appliances
Washer Dryer Allowed
Total Bedrooms
40
Full Bathrooms
23

Exterior/Building Features

Architectural Style
Prewar

Other Property Details

Taxes
$69900
Tax Frequency
per YEAR
Association Fee
$875
Garage
No
Parking
N
View
N
County
Kings
Pool
No
Total Stories
4
Buyer Agency Compensation
2.25

Property History

Date
Event
Price
Value
11/18/22
Active Under Contract
-
-
1/11/23
Active
-
-

Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2023 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 10:41 PM UTC, 3/31/23

 

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