Back to Search

Renovated Brooklyn Mixed-Use Property

850 Clarkson Avenue, Brooklyn, NY 11203

View on Map

For Sale

$3,999,000

MULTI_FAMILY - Brooklyn, NY

Lot size:

0.06 Acres

Listing Contact

Nison Izgelov

Real Estate License ID: 10311205054

HighLights

Brick mixed‑use building built in 1931 with 4 renovated apartments plus 2 street‑level retail storefronts
4 apartments are 100% occupied with Section 8 tenants and include two 4‑bedroom units and two 2‑bedroom units
Each apartment has an independent boiler for separate heating control; heating includes natural gas with baseboard systems
Commercial space includes two fully renovated storefronts with separate utilities for each commercial tenant
Owner minimal expenses: landlord is responsible only for water and common area electricity; utilities include public water and public sewer
Near major development: 329 Clarkson Ave (~328 units, finished 2026) and 564 Utica Ave (~325 units under development)

For Sale

$3,999,000

MULTI_FAMILY - Brooklyn, NY

Lot size:

0.06 Acres

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Jun 11 at 1:06 am

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
APN: 3046370010
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), Baseboard, 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: Tile - Ceramic, Hardwood, Wood, Tile, Concrete
Building materials: Brick

We can help!

Listing Contact

Nison Izgelov

Listing agent Nison Izgelov License #10311205054

Listing office Real Estate Concept Group Inc 8810 136th St Unit 2, Hollis, NY

Listing date Apr 24, 2026

MLS# 990235

HighLights

Brick mixed‑use building built in 1931 with 4 renovated apartments plus 2 street‑level retail storefronts
4 apartments are 100% occupied with Section 8 tenants and include two 4‑bedroom units and two 2‑bedroom units
Each apartment has an independent boiler for separate heating control; heating includes natural gas with baseboard systems
Commercial space includes two fully renovated storefronts with separate utilities for each commercial tenant
Owner minimal expenses: landlord is responsible only for water and common area electricity; utilities include public water and public sewer
Near major development: 329 Clarkson Ave (~328 units, finished 2026) and 564 Utica Ave (~325 units under development)

Overview

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 Location Intelligence

Current Use by Public Records

Noriwich Fitness Inc Gym & Fitness Center

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.929376
Latitude: 40.65649

Nearby Similar for Sale

$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,988,000

3,740 SF

Flatbush Avenue Retail Investment Opportunity

High-exposure retail asset with stable income and development potential.

1800 Flatbush Avenue, Brooklyn, NY 11210

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details
$1,799,000

3,158 SF

Prime Kings Highway Commercial Unit

Spacious commercial unit in a high-traffic Brooklyn location.

366 Kings Highway, Brooklyn, NY 11223

View Details
$1,700,000

3,000 SF

Automotive Repair Facility

Operating automotive repair and service facility with street access and a layout suited to maintenance, detailing, and related services.

4201 Glenwood Road, Brooklyn, NY 11210

View Details
$5,390,000

6,970 SF

Prime Corner Commercial Brooklyn Building

Highly visible corner commercial property on 7th Avenue, Brooklyn.

5301 7th Avenue, Brooklyn, NY 11220

View Details
$1,698,000

1,846 SF

Medical Condo in Bensonhurst, Brooklyn

Medical condo with equipment, patient database, and revenue potential.

7620 Bay Parkway, Brooklyn, NY 11214

View Details
$2,980,000

7,311 SF

Multi-Tenant Office Building with Elevator

Built in 1996 and fully leased to five commercial tenants with multiple entrances and independent HVAC systems.

8510 Bay 16th Street, Brooklyn, NY 11214

View Details
$2,000,000

3,300 SF

Prime Corner Retail Building Brooklyn

One-story retail building with development potential in Brooklyn, NY.

229 Tompkins Avenue, Brooklyn, NY 11216

View Details
$2,850,000

3,400 SF

Bensonhurst Commercial Building For Sale

Two-story commercial building with finished basement in prime Bensonhurst location.

7024 18th Avenue, Brooklyn, NY 11204

View Details

For sale
Mixed-use properties
NY
Brooklyn
11203
850 Clarkson Avenue

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: Brick mixed‑use building built in 1931 with 4 renovated apartments plus 2 street‑level retail storefronts; 4 apartments are 100% occupied with Section 8 tenants and include two 4‑bedroom units and two 2‑bedroom units; Each apartment has an independent boiler for separate heating control; heating includes natural gas with baseboard systems

850 Clarkson Avenue, Brooklyn, NY 11203

MULTI_FAMILY - Brooklyn, NY

Property Features for 850 Clarkson Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Flatbush Avenue Retail Investment Opportunity

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Medical Condo in Bensonhurst, Brooklyn

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

Bensonhurst Commercial Building For Sale

FAQs

Create New Password