850 Clarkson Avenue, Brooklyn, NY 11203
- 9,000 sqft
Multi-Family Home
Built in 1931
2,614sqft lot
—— car garage
$444/sqft
Listed 16 days ago
Property Description
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
- Listing Status:
- Active
- Data Last Updated:
- May 11, 2026 at 4:20AM
- Listing Office:
- Real Estate Concept Group Inc : 786-246-1709
- MLS ID:
- 990235

- Parking: On StreetParking spaces: 0
- Originating MLS: onekey2
- County: Kings (Brooklyn)
- Zoning: 3046370010
- Utilities: Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedTrash Collection PublicUnderground UtilitiesWater AvailableWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: onekey2
This listing courtesy of Real Estate Concept Group Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $


