850 Clarkson Avenue, Brooklyn, NY 11203
Local realty services provided by:ERA Caputo Realty
850 Clarkson Avenue,Brooklyn, NY 11203
$3,999,999
- - Beds
- 7 Baths
- 9,000 sq. ft.
- Multi-family
- Active
Listed by: nison izgelov
Office: real estate concept group inc
MLS#:888205
Source:OneKey MLS
Price summary
- Price:$3,999,999
- Price per sq. ft.:$444.44
About this home
Fully Renovated 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
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.
Contact an agent
Home facts
- Year built:1931
- Listing ID #:888205
- Added:162 day(s) ago
- Updated:December 21, 2025 at 11:42 AM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:7
- Living area:9,000 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas
Structure and exterior
- Year built:1931
- Building area:9,000 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,999,999
- Price per sq. ft.:$444.44
- Tax amount:$26,579 (2024)
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