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Four-Unit Quadplex with Retail Storefronts
For Sale
$3,900,000

850 Clarkson Ave, Brooklyn, NY 11203

MULTI_FAMILY - Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market113

Property Features for 850 Clarkson Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 10
Rooms Bedroom 10, Dining Room, Bedroom 2, Bedroom 8, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 4, Basement, Bedroom 1, Bedroom 5, Bedroom 7
Interior features Breakfast Bar, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Entrance Foyer, Formal Dining, Galley Type Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Low Flow Plumbing Fixtures, Marble Counters, Natural Woodwork, Open Kitchen, Primary Bathroom
Basement Finished, Walk-Out Access, Full
Lot features Corner Lot, Near School, Near Shops, Paved, Private, Views
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 Energy Star Qualified Equipment (Heating)
Cooling system ENERGY STAR Qualified Equipment
Water source Public

Building Details

Year built 1931
Number of units 6
Building materials Brick, Energy Star, Foam Insulation, ICFs (Insulated Concrete Forms), Stucco
Listing Agency: Real Estate Concept Group Inc
Listed By: Nison Izgelov · License #10311205054
Added: Apr 24 Changed: Aug 2 Last Checked: Aug 14 at 5:06PM
MLS# 990289

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.

Investment Insights

Based on property information with market context.

This fully renovated four-unit quadplex combines residential and street-level retail space in a turnkey, occupied mixed-use setup. The property includes four apartments, with two two-bedroom units and two four-bedroom units. Each apartment has its own independent boiler for separate heating control. The residential component is 100% occupied with Section 8 tenants on annual leases.

The commercial portion consists of two street-level retail storefronts. Commercial spaces have been renovated and include separate utilities for commercial tenants.

The building is supported by upgraded systems, including plumbing, electrical, and heating, and features ENERGY STAR qualified equipment. The landlord is described as responsible only for water and common area electricity, while the property includes public water and public sewer. The property was built in 1931 and sits on a 0.0574-acre lot.

Key Highlights

  • 0.0574‑acre lot with a four‑unit quadplex plus two street‑level retail storefronts
  • Four fully renovated apartments: 2 two‑bedroom units and 2 four‑bedroom units
  • Independent boilers for separate heating control in each apartment

Property Analytics

Current Use

Noriwich Fitness Inc Gym & Fitness Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,108
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully renovated quadplex with four apartments and two street-level retail storefronts, each with separate utility setups.
Where is this quadplex located?
The property is located at 850 Clarkson Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 0.0574‑acre lot with a four‑unit quadplex plus two street‑level retail storefronts; Four fully renovated apartments: 2 two‑bedroom units and 2 four‑bedroom units; Independent boilers for separate heating control in each apartment
More about this property
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