850 Clarkson Avenue, Brooklyn, NY, 11203

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$3,999,000
1 Day On Site

850 Clarkson Avenue
Brooklyn, NY 11203

For Sale|Multi Family|Active
0
Beds
0
Total Baths
9,000
SqFt
$444
/SqFt
1931
Built
County:
Kings (Brooklyn)
Listing courtesy of Real Estate Concept Group Inc BoomRealtor@Gmail.Com

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850 Clarkson Avenue850 Clarkson Avenue850 Clarkson Avenue850 Clarkson Avenue
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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 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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Listing Snapshot
Price 
$3,999,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
9,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2,500 Acres
Year Built 
1931
MLS® Number 
990235
Status 
Active
Property Tax 
$28,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Cross Street 
Utica ave
Number Of Stories 
3
Parking 
On Street
Property Sub Type 
Multi Family
Security 
Fire AlarmFire EscapeSecurity System
Sewer 
Public Sewer
Special Circumstances 
Real Estate Owned
SqFt Total 
9000
Utilities 
Natural Gas AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected
Water Source 
Public
Interior Features
Basement 
FinishedFull
Cooling 
Wall/Window Unit(s)
Flooring 
Ceramic TileConcreteHardwoodTileWood
Heating 
BaseboardENERGY STAR Qualified EquipmentNatural Gas
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Exterior Features
Construction Details 
Brick
Listing courtesy of Real Estate Concept Group Inc BoomRealtor@Gmail.Com


Based on information submitted to the MLS GRID as of 2026-04-26 10:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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