About 850 Clarkson Avenue
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.
Features of 850 Clarkson Avenue
| MLS® # | 888242 |
|---|---|
| Price | $3,999,999 |
| Bathrooms | 0.00 |
| Square Footage | 9,000 |
| Acres | 0.00 |
| Year Built | 1931 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 850 Clarkson Avenue |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11203 |
Additional Information
Listing Details
| Office | Real Estate Concept Group Inc |
|---|---|
| Office Contact | 786-246-1709 |