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.
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
MAP & DIRECTIONS
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