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850 Clarkson Ave Ave

Brooklyn, NY 11203
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Bed 10

Bed

Bath 0

Bath

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 (4) Four 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 system s: 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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,900,000

AD Id : 77744506

MLS Id : 990289

Beds : 10

Year Built : 1931

County : Kings (Brooklyn)

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Feature Features

  • Bedroom Information

    Total beds: 10

    Room Information

    Basement: Finished, Full, Walk-Out Access
  • Interior Features

    Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Low Flow Plumbing Fixtures, Natural Woodwork
  • Heating & Cooling

    Has Heating: Yes Heating: ENERGY STAR Qualified Equipment Has Cooling: Yes Cooling: ENERGY STAR Qualified Equipment

  • Building Information

    Year Built: 1931 Construction Materials: Brick, Foam Insulation, ICFs (Insulated Concrete Forms), Other, Stucco Private Pool: No

  • Lot Information

    Lot Size Square Feet: 2500 Lot Description: Corner Lot, Other, Paved, Private, See Remarks, Views

  • Listing Price Information

    Listing Price: $3900000

  • Tax Information

    Annual Tax: $28000

  • Parking Information

    No Garage, None

  • Utility Information

    Natural Gas Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

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WITHHELD Withheld Boule.., Brooklyn, NY, 11203 $1,199,999 -- 4 --
WITHHELD Withheld Road, Brooklyn, NY, 11203 $1,400,000 8 3 2,881 2,881 SqFt
5910 Beverley Road, Brooklyn, NY, 11203 $715,000 3 2 1,694 1,694 SqFt
5910 Beverley Road, Brooklyn, NY, 11203 $715,000 3 2 --
508 91st Street, Brooklyn, NY, 11203 $1,200,000 9 3 4,488 4,488 SqFt
5823 Tilden Avenue, Brooklyn, NY, 11203 $1,050,000 -- 3 --
5908 Snyder Avenue, Brooklyn, NY, 11203 $1,300,000 5 2 --
162 E 59th Street, Brooklyn, NY, 11203 $849,900 -- -- --
399 57th Street, Brooklyn, NY, 11203 $999,999 5 2.5 2,084 2,084 SqFt
281 E 57th Street #1, Brooklyn, NY, 11203 $725,000 2 3 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/08/2026 @ 03:17

MLS: 990289 LISTED BY: Nison Izgelov, Real Estate Concept Group Inc 786-246-1709 SOURCE: OneKey MLS

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