Living / Multi-housing

The Clinton Grand

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area Gross
Number of units 125

Portfolio description

JLL has been exclusively retained to arrange for the sale of The Clinton Grand Portfolio, a collection of 4 contiguous multifamily buildings in one of Brooklyn's most dynamic neighborhoods - Clinton Hill. The portfolio spans 123,020 GSF and hosts 125 residential apartments. Currently The Clinton Grand generates $2.6 million gross with rents well under market. This is a unique opportunity to acquire a large-scale asset with strong cashflow and substantial future upside potential.

Investment Highlights

  • 4 contiguous buildings encompassing entire block endcap with 3 sides of frontage
  • 125 apartments with 1-, 2-, 3- and 4-bedroom layouts
  • Over $2.6 million gross revenue in Year 1
  • Substantial long term tax benefit from J-51
  • Attractive financing options with strong cash-on-cash return
  • Price well below replacement costs
  • Multiple immediate and long-term paths to add value

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.
List View
Map View
The Clinton Grand (4 Properties)
425 Grand Avenue
Brooklyn, United States
90 Downing Street
Brooklyn, NY, United States
435 Grand Avenue
Brooklyn, NY, United States
29 Putnam Avenue
Brooklyn, NY, United States
Expand Map Collapse Map
Last Updated Date: 07 Oct 2021

Do you have any questions?  Visit our FAQ page

View FAQ Page

Similar Properties

View more
View listing
Living / Multi-housing
150 Union Avenue US - Brooklyn, NY
View listing
Living / Multi-housing
335 Carroll Street US - Brooklyn, NY
View listing
Living / Multi-housing
Instrata Brooklyn Heights US - Brooklyn, NY
View listing
Living / Multi-housing
520 Parkside Ave & 111 Clarkson Ave US - Brooklyn, NY
View listing
Living / Multi-housing
The Asher US - Brooklyn, NY
View listing
Living / Multi-housing
284 Humboldt Street US - Brooklyn, NY
View listing
Living / Multi-housing
North Williamsburg Portfolio US - Brooklyn, NY
View listing
Living / Multi-housing
JT Tai - 17 East 70th Street US - New York, NY
View listing
Living / Multi-housing
JT Tai - 18 East 67th Street US - New York, NY
View listing
Living / Multi-housing
298 Mulberry US - New York, NY
View listing
Living / Multi-housing
The Nathaniel US - New York, NY
View listing
Living / Multi-housing
159 Bleecker Street US - New York, NY
View listing
Living / Multi-housing
110 East 13th Street US - New York, NY
View listing
Living / Multi-housing
194 Third Avenue US - New York, NY
View listing
Living / Multi-housing
160 Madison Ave US - New York, NY
View listing
Living / Multi-housing
122 East 37th Street US - New York, NY
View listing
Living / Multi-housing
The Magellan US - New York, NY
View listing
Living / Multi-housing
410 West 36th Street US - New York, NY
View listing
Living / Multi-housing
243 East 60th St US - New York, NY
View listing
Living / Multi-housing
322 East 90th Street - 2022 US - New York, NY
View listing
Living / Multi-housing
158 West 84th Street US - New York, NY
View listing
Living / Multi-housing
740 West End Avenue - For Sale US - New York, NY
View listing
Living / Multi-housing
304 West 102nd Street US - New York, NY
View listing
Living / Multi-housing
Bridgeline US - Bronx, NY
View listing
Living / Multi-housing
West Warwick Portfolio US - West Warwick, RI
View listing
Living / Multi-housing
321-325 West 42nd Street US - New York, NY
View listing
Living / Multi-housing
5 Spring Street US - New York, NY
View listing
Living / Multi-housing
165 East 71st Street US - New York, NY
View listing
Living / Multi-housing
12 West 104th Street - 2022 US - New York, NY

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.

Learn more