850 Clarkson Avenue

Fully Renovated Property for Sale – 850 Clarkson Ave This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow. Residential Units Total of four modern apartments: (2) four-bedroom units (2) two-bedroom units Each unit equipped with its own dedicated boiler for independent heating All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income Separate utilities for commercial tenants Investment Highlights Projected NOI: $257,000 Owner pays only for water and common area electricity Updated systems throughout: plumbing, electrical, and heating High rental demand in a rapidly developing neighborhood Strong Future Growth Potential The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026: 329 Clarkson Ave (Clarkson Estates): 328 units under development – Learn more 564 Utica Ave (Utica Crescent): 325 units planned – Learn more These projects are expected to further boost local demand and long-term value.