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850 Clarkson Avenue
Brooklyn NY 11203 US

$3,999,000

Active Listing ID 990235
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Lot: 0.06 Acres
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$3,999,000

Active Listing ID 990235
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850 Clarkson Avenue 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 Four (4) 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

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Wood, Tile, Concrete, Hardwood, Tile - Ceramic
  • Heating Fuels: Natural Gas, Baseboard, Energy Star Qualified Equipment (Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3999000
  • unparsedaddress: 850 Clarkson Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11203
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0574
  • lotsizeunits: Acres
  • lotsizearea: 0.0574
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Nison Izgelov
  • listagentemail: boomrealtor@gmail.com
  • listagentkey: 3yd-MLSLINY-168375
  • listagentmlsid: 168375
  • listagentpreferredphone: 7862461709
  • listagentofficephone: 7862461709
  • listofficekey: 3yd-MLSLINY-IZNI01
  • listofficemlsid: IZNI01
  • disclaimer: 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1931
  • listingcontractdate: 2026-04-24
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 3046370010
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • flooring: Wood, Tile, Concrete, Hardwood, Tile - Ceramic
  • heating: Natural Gas, Baseboard, Energy Star Qualified Equipment (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • securityfeatures: Security System
  • utilities: Cable Available
  • speciallistingconditions: Real Estate Owned, In Foreclosure
  • basement: Full, Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Nison Izgelov", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"boomrealtor@gmail.com", "ListBrokerageCity":"Hollis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"boomrealtor@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Nison Izgelov", "ListBrokeragePhone":"(786) 245-1709", "ListBrokeragePostalCode":"11432", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9042 181 st", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8810 136th St Unit 2 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"IZNI01", "ListOfficeCity":"Richmond Hill", "ListOfficeCountry":"US", "ListOfficeEmail":"boomrealtor@gmail.com", "ListOfficePostalCode":"11418", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-04-27 18:07:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":28000, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/27/2026 6:55:28 PM GMT
Source Updated Date: 5/4/2026 6:54:04 PM GMT

Courtesy of: Nison Izgelov, Real Estate Concept Group Inc, boomrealtor@gmail.com

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.