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About This Home
This 0-bedroom, 0-bathroom residential multi family at 850 Clarkson Avenue in Brooklyn, NY is listed for $3,999,000. Built in 1931, on a 0.06 acres lot.
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 Four (4) fully renovated apartments (2) Four-bedroom units (2) Two-bedroom units Each u
nit 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 eco
nomic 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
Key Features
- Built in 1931
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$21,387/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
850 Clarkson Avenue
Brooklyn, NY 11203
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 850 Clarkson Avenue is listed at $3,999,000. The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.06 acre lot, 3 stories.
This property is listed by Nison Izgelov and can be reached at 7862461709 or boomrealtor@gmail.com.
