The Clinton Grand

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.

• 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