Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,250,000

· Closed July 30, 2018

197 CLIFTON Place
Closed For Sale Mixed Use

$5,250,000

197 CLIFTON Place

Clinton Hill, Brooklyn

197 Clifton Place

MLS® #RLS10057489

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1949
Neighborhood Clinton Hill

Property Highlights

  • Location: Clinton Hill, Brooklyn
  • Property Type: Mixed Use
  • Built: 1949

Property Details

Type Mixed Use
Baths null Full
Pets Yes
Year Built 1949
Parcel # 01950-0046
Block/Lot 1950/46

Description

It doesn't get any more BROOKLYN than this! Thousands of square feet of space / Soaring ceilings with original tin / Reclaimed wood / Expansive rooftop / Creative space / 2 curb cuts / 3 entrances / 50 ft of frontage on Clinton Place / Sacred Yoga Studio / 2 residential units $4,999,000 HUGE 2 story mixed use building on the Clinton Hill/Bed Stuy border. With 50ft of street frontage, two curb cuts, three entrances, two ENORMOUS classic residential lofts and a commercial unit- this building is beyond unique! 197 Clifton Place is 8,730 square feet as built. Located on Clifton Place between Bedford and Franklin, this huge mixed use building has fantastic high ceilings, original details, and FAR to grow. Two oversized residential LOFTS span the second floor with a commercial space on the street level. The first floor houses Sacred Yoga Studio, which has a thriving business and currently pays $5,850/month. In November 2015, Sacred will start paying $6,500/month, with a 5% increase each year expiring in 2020. The two enormous 2000+ sq ft loft apartments featured on the second floor are leased to tenants until mid 2015, with a rent roll of over $75,000/year. With very low operating expenses (~$14k/yr taxes) and residential leases expiring in 2015, this building suits end users, taxpayers, or investors alike. The building has a CofO (S2- mixed use two fam with store) in place, the roof is approximately ten years old, and mechanicals from 2006. All tenants pay their own heat and hot water. The area is zoned R6B and has seen significant development and change over the past decade. Great access to the Bedford/Nostrand G, A, C and S trains and only one block from Dough and a few blocks from Pratt, this building is ideally located.

Building Information

Clinton Hill is a neighborhood defined by its architectural diversity and creative energy. Home to the Pratt Institute, the area features a stunning mix of grand 19th-century mansions, historic carriage houses, and mid-century cooperatives. The neighborhood offers a leafy, residential feel with a vibrant culinary scene along DeKalb Avenue and easy access to the cultural amenities of nearby Fort Greene.

Clinton Hill Live Market Data

View Neighborhood

Active Listings

53

Median Asking Price

$1.04M

Median $/Sqft

$1,154

Avg Days on Market

N/A

New This Week

4

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$1.07M

Live data from RLS at REBNY • Updated 3/26/26, 8:58 PM EST

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Location

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197 CLIFTON Place, Clinton Hill, Kings County

Floor Plans

Floor Plan
Floor Plan
Floor Plan
Floor Plan
Floor Plan
MLS® ID: RLS10057489
First Listed: 11/24/2014
Price Changed: 1/21/2015
Closed: 7/30/2018
Contract Date: 11/21/2014

Listing Courtesy of The Corcoran Group - Sydney Blumstein

Listing Contact: (917) 435-3697

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/27/2026 at 12:58 AM UTC

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