850 Clarkson Avenue Brooklyn, NY 11203

Single Family Attached MLS #: 888242 Courtesy Of Nison Izgelov

Property InformationDescription

Fully Renovated Mixed-Use Property for Sale 850 Clarkson Ave

This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow.

Residential Units

Total of four modern apartments:

(2) four-bedroom units

(2) two-bedroom units

Each unit equipped with its own dedicated boiler for independent heating

All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income

Commercial Space

Street-level store fronts, fully renovated

Separate utilities for commercial tenants

Investment Highlights

Projected NOI: $257,000

Owner pays only for water and common area electricity

Updated systems throughout: plumbing, electrical, and heating

High rental demand in a rapidly developing neighborhood

Strong Future Growth Potential

The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026:

329 Clarkson Ave (Clarkson Estates): 328 units under development Learn more

564 Utica Ave (Utica Crescent): 325 units planned Learn more

These projects are expected to further boost local demand and long-term value.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 8
  • Cooling System: Window Unit(s)
  • Cooling System: Multi Units
  • Cooling System: Wall/Window Unit(s)
  • Exterior Type: Brick
  • Heating System: Baseboard
  • Heating System: Natural Gas
  • MLSID: 888242
  • Rooms: Basement

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850 Clarkson Avenue, Brooklyn, NY 11203
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