79 Clifton is a 40-unit multifamily building located within the Clinton Hill neighborhood in Brooklyn. A former knitting factory that was converted to residential lofts in 2000, the Property features expansive 1-3 bedroom rentals that include outdoor space, high ceilings, and unique architectural detail.
Acquisition: January 2020
Rentable Area (m²): 52,375 square feet
FREO sourced and acquired the property on an off-market basis and is now responsible for asset management and enacting a value-add renovation program in the building’s units and common areas with the goal of improving leasing velocity and achieving market rents.
Key activities:
Sourcing and Acquisition
Asset Management
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States
Clifton 79 USA - Clinton Hill, Brooklyn, United States