$3,999,999

850 Clarkson Clarkson Avenue, Brooklyn, NY 11203

  • 9,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $444/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Real Estate Concept Group Inc : 786-246-1709
MLS ID:
888242
  • Basement: FinishedFull
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardENERGY STAR Qualified EquipmentNatural Gas

This listing courtesy of Real Estate Concept Group Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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