Invictus Property Advisors announces the recent sale of 36 Quincy Street, a vacant three-story multifamily in the heart of Clinton Hill, Brooklyn.
The building requires a gut renovation and has been unoccupied for over 10 years. Future ownership can convert the townhouse into a single or two-family or a free market multifamily. The property has significant end-user appeal and is a blank canvass for an owner-operator seeking live + income. The block is the only "L" shaped street in Clinton Hill which allows for a unique level off privacy "off the grid."
The property is located in close proximity to local food favorites including Locanda Vini & Olii, Mekelburg's, Peaches Shrimp & Crab, and Speedy Romeos. 36 Quincy Street is also located near popular nightlife attractions including Dynaco, Hartley's, and Do or Dive, Future ownership will also benefit from the building's close proximity to the Classon Avenue G Subway Line and the Classon Avenue / Gates Avenue bus stop across the street. Additionally, the Franklin Avenue Shuttle Train takes groups to Prospect Park in just 3 stops.
There are also several new developments that are under construction that will further transform the immediate area. 445 Vanderbilt Avenue is a 5-story 43-unit apartment complex being buitl by the Loketch Group, and 550 Clinton Avenue by Hope Street Capital which is a 280,000 square foot development with plans to create 284 apartments and 60,000 square feet of retail.
