# 850 Clarkson Ave, Brooklyn, NY 11203

> **TL;DR:** 10bd/0ba residential multi family, $3,900,000, built 1931. Est. $16,900/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Bedrooms | 10 |
| Year Built | 1931 |
| Lot Size | 2,500 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 38 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,900 |
| **Total** | **$16,900** |

## Property Highlights

- Built in 1931
- 0.06 acre lot

## Description

### Agent Description
Fully Renovated Mixed-Use Property for Sale This turnkey, fully occupied mixed-use property presents a compelling investment opportunity with immediate, stable cash flow and strong long-term upside in a rapidly developing Brooklyn corridor. Residential Component (4) Four fully renovated apartments (2) Four-bedroom units (2) Two-bedroom units Each unit features independent boilers for separate heating control 100% occupied with Section 8 tenants, providing reliable, government-backed income All Apartments Free Market with annual leases Commercial Component Two Street-level retail storefront(s) Fully renovated spaces Separate utilities for commercial tenants Investment Highlights Minimal owner expenses: landlord responsible only for water and common area electricity Fully upgraded systems: plumbing, electrical, and heating. Immediate cash flow. Strong tenant demand in high-growth submarket Location & Growth Drivers Strategically located near major development projects expected to significantly enhance the area's residential density and economic activity: 329 Clarkson Avenue (Clarkson Estates) - ~328 Units Finished 2026 564 Utica Avenue (Utica Crescent) - ~325 Units Under Development These projects, along with additional nearby developments, are projected to bring over 1,000 new residential units within a 2-mile radius by 2027 driving increased foot traffic, rental demand, and long-term asset appreciation. Investment Summary This offering combines: Stable, government-backed residential income Retail upside potential Low management intensity Positioning in a growth corridor Ideal for investors

## Location

- **Address:** 850 Clarkson Ave, Brooklyn, NY 11203
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.656443, -73.930019
- **Google Maps:** https://www.google.com/maps?q=40.656443,-73.930019

## Listing Agent

- **Name:** Nison Izgelov
- **Brokerage:** Real Estate Concept Group Inc
- **Phone:** 7862461709
- **Email:** boomrealtor@gmail.com

## Primary Photo

![850 Clarkson Ave - Primary Photo](http://lh.rdcpix.com/e69b5436431005f86d951c8c2844a754l-f975685609r.jpg)

*37 total photos available on [listing page](https://www.propertysimple.com/listing/850-clarkson-ave-brooklyn-ny-11203-y990289)*

---

**MLS#:** 990289 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/850-clarkson-ave-brooklyn-ny-11203-y990289)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "850 Clarkson Ave, Brooklyn, NY 11203",
  "description": "Fully Renovated Mixed-Use Property for Sale This turnkey, fully occupied mixed-use property presents a compelling investment opportunity with immediate, stable cash flow and strong long-term upside in a rapidly developing Brooklyn corridor. Residential Component (4) Four fully renovated apartments (2) Four-bedroom units (2) Two-bedroom units Each unit features independent boilers for separate heating control 100% occupied with Section 8 tenants, providing reliable, government-backed income All A",
  "url": "https://www.propertysimple.com/listing/850-clarkson-ave-brooklyn-ny-11203-y990289",
  "image": "http://lh.rdcpix.com/e69b5436431005f86d951c8c2844a754l-f975685609r.jpg",
  "datePosted": "2026-06-17",
  "price": 3900000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "850 Clarkson Ave",
    "addressLocality": "Brooklyn",
    "addressRegion": "NY",
    "postalCode": "11203",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 40.656443,
    "longitude": -73.930019
  },
  "numberOfBedrooms": 10,
  "yearBuilt": 1931
}
```