850 Clarkson Ave, Brooklyn, NY 11203
Local realty services provided by:CENTURY 21 Monticello Realty
850 Clarkson Ave,Brooklyn, NY 11203
$3,900,000
- 10 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nison izgelov
Office: real estate concept group inc
MLS#:990289
Source:OneKey MLS
Price summary
- Price:$3,900,000
About this home
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...
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Home facts
- Year built:1931
- Listing ID #:990289
- Added:1 day(s) ago
- Updated:April 25, 2026 at 01:50 PM
Rooms and interior
- Bedrooms:10
- Dining Description:Eat-In Kitchen, Formal Dining
- Kitchen Description:Eat-in Kitchen, Galley Type Kitchen, Kitchen Island
- Basement:Yes
- Basement Description:Finished, Full, Walk-Out Access
Heating and cooling
- Cooling:ENERGY STAR Qualified Equipment
- Heating:ENERGY STAR Qualified Equipment
Structure and exterior
- Year built:1931
- Lot area:0.06 Acres
- Lot Features:Corner Lot, Paved, Private, Views
- Construction Materials:Brick, Energy Star, Foam Insulation, ICFs (Insulated Concrete Forms), Stucco
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,900,000
- Tax amount:$28,000 (2025)
Features and amenities
- Amenities:Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Marble Counters
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