850 Clarkson Avenue, Brooklyn, NY 11203

Local realty services provided by:ERA Top Service 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:One Key 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 –

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Home facts

  • Year built:1931
  • Listing Id #:888205
  • Added:34 day(s) ago
  • Updated:July 13, 2025 at 10:40 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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