Three-Bedroom Condominium
For Sale
$1,425,000
104 Clifton Place 2C, Brooklyn, NY 11238
Second-floor residence with private outdoor space, a renovated kitchen, and in-unit laundry.
Property Size1,388 SF
Price / SF$1,026
Days on Market39
Property Features for 104 Clifton Place 2C
General Information
Standard status
Active
Size
1,388 SF
Elevators
No
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$14,808
Amenities
common building laundry
in-unit laundry
private outdoor space
Building Details
Building Size
1,388 SF
Year Built
2003
Listing Agency:
Corcoran Group
Listed By:
Bryan Rettaliata · License #10401235373
(631) 338-0979
Source:
Nilelundgren
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 25 at 12:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group
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Investment Insights
Based on property information with market context.
Apartment 2C is a second-floor condominium residence with three bedrooms, two bathrooms, and private outdoor space. The layout includes a renovated kitchen with stainless appliances, a combined living and dining area, a walk-in closet, hardwood floors, and oversized bedrooms. Natural light is a notable interior feature, while in-unit laundry adds convenience.
The condominium property is professionally managed and includes common building laundry. Building 104 was constructed in 2003 and does not have an elevator. The home is located at 104 Clifton Place in Brooklyn, NY 11238, within the Clinton Hill neighborhood.
The condominium property is professionally managed and includes common building laundry. Building 104 was constructed in 2003 and does not have an elevator. The home is located at 104 Clifton Place in Brooklyn, NY 11238, within the Clinton Hill neighborhood.
Key Highlights
- Three‑bedroom, two‑bathroom condominium apartment
- Private outdoor space and second‑floor location
- Renovated kitchen with stainless appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,374
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,480
$847.5K
Cap Rate 7%
$605,343
$605.3K
Cap Rate 9%
$470,822
$470.8K
Market Conditions
NOI Build-Up for 1,388 SF
Gross rent
$78.6K $56.64/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$77.0K $55.51/SF
− OpEx
−$34.7K −$24.98/SF
NOI
$42.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,480
Cap Rate 7%
$605,343
Cap Rate 9%
$470,822
Alternative Uses
Best Use
Apartment 5plus
$605.3K
$529.7K – $706.2K
NOI $42,374 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.34M
NOI $80,448 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor residence with private outdoor space, a renovated kitchen, and in-unit laundry.
Where is this residential income property located?
The property is located at 104 Clifton Place 2C Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom condominium apartment; Private outdoor space and second‑floor location; Renovated kitchen with stainless appliances
