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Six-Unit Mixed-Use Corner Building
For Sale
Contact for pricing
Pending

1003 Clarkson Avenue, Brooklyn, NY 11203

Separate metering, LED lighting, and tenant-paid utilities support streamlined property operations.

Property Size5,100 SF
Days on Market151

Property Features for 1003 Clarkson Avenue

General Information

Standard status Pending
Size 5,100 SF
Property subtype Retail, Mixed Use

Additional Details

Cap Rate 5.8%
Multifamily Units 6

Amenities

new LED lighting

Building Details

Buildings 1
Listing Agency: All Island Estates Realty Corporation
Listed By: Matthew Shane · License #NY 10311207810
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 7 at 2:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation

Investment Insights

Based on property information with market context.

This six-unit mixed-use corner building at 1003 Clarkson Avenue contains 5,100 square feet and includes four free-market apartments. The property also features prominent signage, separate utility meters, new LED lighting, and leases described as long-term. Each tenant is responsible for their own utilities.

Positioned just east of Prospect Park in Brooklyn, the building combines residential occupancy with a visible corner setting. The property is offered at a 5.8 cap rate and may suit investors or developers seeking an income-producing mixed-use asset with separately metered spaces.

Key Highlights

  • Six‑unit mixed‑use corner building with 5, 100 Sqft.
  • Four free‑market apartments
  • 5.8 cap rate

Property Analytics

Current Use

Clean Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,920
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate metering, LED lighting, and tenant-paid utilities support streamlined property operations.
Where is this mixed-use property located?
The property is located at 1003 Clarkson Avenue Brooklyn, NY.
What are key features of this property?
This property features: Six‑unit mixed‑use corner building with 5, 100 Sqft.; Four free‑market apartments; 5.8 cap rate
More about this property
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