139 Clinton Ave

Clinton Hill, Brooklyn | Myrtle Ave & Park Ave

4,860 Square FeetIncome Property

$4,500,000

floors / apts5 / 4

Lot Size22'5"x200'

Built Size22'5"x48'

Building TypeTownhouse

RE Taxes$12,881

Price Per SF

$926

Building Amenities

Voice Intercom

Property Description for 139 Clinton Ave

This subject property includes an existing 5-story development lot facing Waverly Avenue which maintains 47.50' of frontage. The building consists of four residential apartments ((1) three-bedroom garden floor duplex, (2) one-bedroom units, and (1) two-bedroom unit) spanning over 4,000 square feet and sits on a lot size of 5,750 square feet with a total buildable S/F of 11,500 (as of right). The building is currently rented below market as $27 per square foot which provides for an upside in rental revenue. Future ownership also has the unique opportunity to utilize the land on the Waverly Avenue side which is adjacent to the building for development. 139 Clinton Avenue is steps from many popular Brooklyn restaurants, Barclay's Arena, and all that Downtown Brooklyn has to offer. Public transportation is easily accessible by the Franklin Avenue A/C at Fulton Street, or the Washington/Clinton G at Lafayette Avenue.

Building Details for 139 Clinton Ave

OwnershipIncome Property

Building TypeTownhouse

Service LevelVoice Intercom

AgePre-War

AccessWalk-up

Year Built1905

Floors/Apts5/4

Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs

0.41 miles

Citi Bike

Clinton Ave & Myrtle Ave

0.05 miles

Washington Ave & Park Ave

0.16 miles

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

OLR ID: 58396TH

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