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For Sale
Brooklyn
850 Clarkson Ave

850 Clarkson Ave

Brooklyn, NY 11203

$3,900,000

10 Bedrooms
0.06 Acre

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850 Clarkson Ave
Brooklyn, NY 11203

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Brooklyn / NY

Quadruplex HIGHLIGHTS

Property Type

Residential Income, Quadruplex
Year Built

1931
Cooling

Yes - ENERGY STAR Qualified Equipment
Heating

Yes - ENERGY STAR Qualified Equipment
RE Tax

$28,000

Listing courtesy of Nison Izgelov of Real Estate Concept Group Inc.

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 systems: 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

850 Clarkson Ave

Facts & Features

Acres

0.06 Acres
Bedrooms Total

10
City Region

Brooklyn
Lot Size

2,500 Sqft

MLS #

990289
Property Type

Quadruplex
Year Built

1931

Construction Materials

Brick, Foam Insulation, ICFs (Insulated Concrete Forms), Other, Stucco
Total Number of Units

6
Year Built

1931

Lot Features

Corner Lot, Other, Paved, Private, See Remarks, Views
Parking Features

No Garage, None

Annual Taxes

$28,000

Basement

Finished, Full, Walk-Out Access
Cooling

Yes - ENERGY STAR Qualified Equipment
Heating

Yes - ENERGY STAR Qualified Equipment
Interior Features

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

Sewer

Public Sewer
Utilities

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
Water Source

Public

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $2,333

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

850 Clarkson Ave

Location

Nearby Points of Interest

St Louis Wheelchair
Health Care, Independent
Simone's Jamaican Cuisine
Restaurants, Independent
Reddz Hair Designs & Accessories
Common Needs, Independent
Maturo Food Market Corp
Food Shops, Independent
Silver Chicken & Seafood Restaurant
Restaurants, Independent

Data courtesy of LocalLogic.co

Neighborhood

East Flatbush

East Flatbush is a primarily residential neighborhood in central Brooklyn, generally bounded by Crown Heights to the north and Flatbush to the west. Development largely took place in the early to mid-20th century, resulting in blocks...

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850 Clarkson Ave

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