$499,000

Convertible One-Bedroom Alcove Studio in Prime Clinton Hill Offering the space and versatility of a one-bedroom with the value of a studio, this beautifully renovated alcove residence is an exceptional opportunity in the heart of Clinton Hill. Designed with generous proportions and a practical layout, it provides immediate comfort and functionality with the flexibility to easily convert into a true one-bedroom apartment, creating even greater long-term value. The oversized sleeping alcove comfortably accommodates a queen-sized bed while preserving an expansive living and entertaining area. Whether you're hosting friends or simply want room to spread out, this home lives far beyond a typical studio. Work-from-home? There's plenty of room for a desk and dedicated office area. The open kitchen has been tastefully updated with sleek stainless steel appliances and a brand-new quartz countertop, creating a stylish space that flows seamlessly into the living area. There's ample room for a dedicated dining area or the addition of a floating island for extra prep space and casual seating. A combo washer/dryer unit can easily be installed, offering the convenience of in-home laundry. Whether you're searching for your first home, a Brooklyn pied-à-terre, or a smart long-term investment, this residence delivers exceptional value. Combined with remarkably low monthly carrying costs ($668 combined taxes and common charges), it presents one of the most compelling ownership opportunities in Clinton Hill—offering the chance to own for less than the cost of renting while building equity in one of Brooklyn's most sought-after neighborhoods. The professionally managed building is well maintained and features a shared laundry room, providing convenience while keeping monthly expenses low. Clinton Hill continues to be one of Brooklyn's most vibrant and desirable neighborhoods, celebrated for its tree-lined streets, historic brownstones, and thriving local community. Just outside your door you'll find neighborhood favorites including Speedy Romeo, The Fly, Aita, Sisters, and Smør, along with charming cafés, boutique shopping, weekend farmers' markets, and an outstanding collection of restaurants and neighborhood gathering spots. Enjoy easy access to neighboring Fort Greene, Prospect Heights, and Bedford-Stuyvesant, with convenient transportation via the G train at Classon Avenue and the A/C trains at Franklin Avenue, making commuting throughout Brooklyn and Manhattan effortless. This is a rare opportunity to own a move-in-ready home that offers exceptional flexibility, outstanding value, and the potential to grow with your needs—all in one of Brooklyn's most coveted neighborhoods. This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD05-0566. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Property address: 11 Irving Place, Brooklyn, New York 11238. Sponsor: IRVING 11, LLC. Sponsor address: 14 Bond Street, Suite 126, Great Neck, NY 11021. Equal Housing Opportunity. Some images are renderings and are intended solely for marketing purposes. Images may not exactly reflect the current product.