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850 Clarkson Avenue, Brooklyn, NY 11203
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$3,999,999
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Home Details for 850 Clarkson Avenue
Price
$3,999,999
Type
Multi Family
Total Bathrooms
7
Full Bathrooms
7
Year Build
1931
Lot Size
0.0551
County
Kings (Brooklyn)
Basement
Finished
Tax
$26,579.4
MLS®️ Listing#
888205
On exitrealty.com
128 days
Property Description
Fully Renovated 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
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.
- Utilities
- Natural Gas Available
- Cable Available
- Electricity Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Phone Connected
- Sewer Connected
- Underground Utilities
- Water Available
- Water Connected
- House Interior
- High Ceilings
- High Speed Internet
- Kitchen Island
- Natural Woodwork
- Open Floorplan
- Other
- Tile Counters
- Heating Information
- Baseboard
- Natural Gas
- Other
- Cooling Information
- Wall/Window Unit(s)
- Water Features
- Public
- Basement
- Finished
Listing Courtesy: Real Estate Concept Group Inc - 786-246-1709. Presented by: Nison Izgelov
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
Fair Housing Notice
Fair Housing NoticeSee average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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$3,999,999
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