Vacant Multifamily in Brooklyn Heights Trades With Buyer Eyeing Condo Conversion
The building is poised for conversion into condominiums by its new owner.
A five-story, 5,483 square foot multifamily building at 170 Clinton Street in Brooklyn Heights has sold for $4.75 million.
The nine-unit multifamily property consists of eight one-bedroom units and one two-bedroom, floor-through apartment on the second floor. Two of the units offer backyard access. Delivered vacant, the building is poised for conversion into condominiums by its new owner.
170 Clinton Street is ideally located in the historic Brooklyn Heights neighborhood and steps away from multiple retail and dining options. The building is also a few blocks away from the Brooklyn Bridge as well as from the Court Street N/R/W train station and Borough Hall 2/3/4/5 train station, providing quick and direct access to Manhattan in under 10 minutes.
An Ariel Property Advisors team led by Partner Sean R. Kelly, Esq., who was joined by Director Stephen Vorvolakos, Associate Director Nicole Daniggelis, and Associate Julian Montilus, represented the seller.