850 Clarkson Avenue Brooklyn, NY 11203
New
- Added:
- Apr 24, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 24 at 6:06 pm
Property Features for 850 Clarkson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Security features
- Security System
- Basement
- Finished, Full
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 28000
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Energy Star Qualified Equipment (Heating), Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1931
- Floors in Building
- 3
- Number of units
- 8
- Flooring type
- Hardwood, Tile - Ceramic, Concrete, Tile, Wood
- Building materials
- Brick
Listing agent Nison Izgelov License #10311205054 (786) 246-1709
Listing office Real Estate Concept Group Inc 8810 136th St Unit 2, Hollis, NY (786) 246-1709
Listing date Apr 24, 2026
MLS# 990235
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Brooklyn Mixed-Use Property
This fully renovated mixed-use property in Brooklyn offers a compelling investment opportunity with immediate cash flow and long-term upside in a rapidly developing area. The property features four fully renovated apartments, including two four-bedroom units and two two-bedroom units. Each unit has independent boilers for separate heating control. The residential component is 100% occupied with Section 8 tenants, providing reliable, government-backed income. All apartments are free market with annual leases. The property also includes two street-level retail storefronts with fully renovated spaces and separate utilities for commercial tenants. The landlord is responsible for water and common area electricity, minimizing owner expenses. The property has fully upgraded systems, including plumbing, electrical, and heating. It is strategically located near major development projects expected to significantly enhance the area's residential density and economic activity, including 329 Clarkson Avenue (Clarkson Estates) with approximately 328 units, finished in 2026, and 564 Utica Avenue (Utica Crescent) with approximately 325 units under development. These projects 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. The property combines stable, government-backed residential income, retail upside potential, and low management intensity, making it ideal for investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Noriwich Fitness Inc
Gym & Fitness Center
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.929376
- Latitude
- 40.65649
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully renovated, occupied mixed-use property with stable income and upside.
Where is this mixed-use property located?
The property is located at 850 Clarkson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Immediate and stable cash flow from 100% occupied residential units with Section 8 tenants.; Fully renovated mixed‑use property with four residential apartments and two street‑level retail storefronts.; Strategically located in a rapidly developing Brooklyn corridor. Major development projects expected.
