Four-Building Multifamily Walkup
For Sale
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98 Clifton Place, Brooklyn, NY 11238
Four Brooklyn walkup multifamily buildings offered for sale, with an investor focus on refresh and long-term holding.
Property Size25,220 SF
Days on Market119
Property Features for 98 Clifton Place
General Information
Standard status
Active
Size
25,220 SF
Property subtype
Multifamily
Investment Type
Value Add
Net Operating Income
$1,020,000
Additional Details
Multifamily Units
16
Building Details
Year Built
2003
Buildings
4
Units
16
Tenancy
Multi
Listing Agency:
RIPCO Real Estate
Listed By:
Alex Svetlakou · License #NY 10401242416
(646) 827-9968
Source:
Crexi
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 26 at 3:25PM
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 RIPCO Real Estate
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Investment Insights
Based on property information with market context.
The offering features a signature portfolio of four multifamily walkup buildings presented by Ripco Investment Sales. The portfolio is marketed as a collection of residential income properties designed for investors considering a value-oriented refresh and a range of holding or disposition strategies.
The properties are located at 98 Clifton Place in Brooklyn, within the Clinton Hill area, where the remarks note limited residential inventory. As described, the portfolio is intended to support either a condo-exit approach or a strategic long-term hold, depending on the buyer’s operating plan.
For serious investors and owner-operators, this is a multi-building residential portfolio with the flexibility to be underwritten and managed as either a refresh-and-disposition strategy or a longer-duration hold. The walkup configuration and multifamily structure make it a straightforward fit for buyers seeking to evaluate building-level improvements, operational modernization, and an exit framework aligned with the investor’s goals. Because the portfolio is presented as four separate walkup buildings, prospective buyers and brokers can assess overall scope, management approach, and timing based on the planned refresh and end-state under their own due diligence.
The properties are located at 98 Clifton Place in Brooklyn, within the Clinton Hill area, where the remarks note limited residential inventory. As described, the portfolio is intended to support either a condo-exit approach or a strategic long-term hold, depending on the buyer’s operating plan.
For serious investors and owner-operators, this is a multi-building residential portfolio with the flexibility to be underwritten and managed as either a refresh-and-disposition strategy or a longer-duration hold. The walkup configuration and multifamily structure make it a straightforward fit for buyers seeking to evaluate building-level improvements, operational modernization, and an exit framework aligned with the investor’s goals. Because the portfolio is presented as four separate walkup buildings, prospective buyers and brokers can assess overall scope, management approach, and timing based on the planned refresh and end-state under their own due diligence.
Key Highlights
- Four Brooklyn walkup multifamily buildings offered for sale
- All buildings are part of a 4‑building Clinton Hill portfolio
- Year built: 2003
Property Analytics
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Open Analytics
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
5,921
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four Brooklyn walkup multifamily buildings offered for sale, with an investor focus on refresh and long-term holding.
Where is this multifamily property located?
The property is located at 98 Clifton Place Brooklyn, NY.
What are key features of this property?
This property features: Four Brooklyn walkup multifamily buildings offered for sale; All buildings are part of a 4‑building Clinton Hill portfolio; Year built: 2003
