850 Clarkson Avenue Brooklyn, NY $ 3,999,000
850 Clarkson Avenue
$ 3,999,000
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850 Clarkson Avenue

Brooklyn, NY, 11203
$ 3,999,000
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 24,623

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Commercial Property for sale in Brooklyn, NY

for $3,999,000. This 9,000 square foot building was built in 1931 on a lot size of 0.057392.

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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Commercial Active

Price

$ 3,999,000

Property Type

Commercial

Taxes

$ 28,000

Style

Multi Family

Lot Size

0.057392

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

990235

Features
General
Sewer Public Sewer
Heating Baseboard ENERGY STAR Qualified Equipment Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Phone Connected Sewer Available Sewer Connected Trash Collectio
Security Features Fire Alarm Fire Escape Security System
Construction Materials Brick
Year Built 1931
Tenant Pays Electricity Gas Heat
Property Subtype Multi Family
Tax Year 2025
Parcel Number 3046370010
Building Name Vilage Building
County Kings (Brooklyn)
Insurance Expense 12000
Property Type Commercial Sale
Directions Google Map Please
City New York
Number Of Units Total 8
Property Attached Y/N Y
Tax Annual Amount 28000
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2500
Building Area Units Square Feet
Standard Status Active
Tax Lot 0010
Cap Rate 7
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Interior
Basement Finished Full
Flooring Ceramic Tile Concrete Hardwood Tile Wood
Total Stories 3
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Total Parking 0
Parking Spaces 0
Foundation Details Concrete Perimeter
Building Area Total 9000
Waterfront Y/N N
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Internal Only
Street Number 1 850
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* Excluded Features
List By
Nison Izgelov

Listing Agent

Real Estate Concept Group Inc

Broker

786-246-1709

Contact

Affordability Calculator

$26,956
Per Month
91%
9%
0%
Monthly Principal & Interest
$24,623
Monthly Property Taxes
$2,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$3,999,000 Listed Price

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850 Clarkson Avenue, Brooklyn, NY, 11203 is a Commercial Property for sale at $3,999,000 with 9,000 sqft and a lot size of 0.057392. 850 Clarkson Avenue was built in 1931. The property's zip code is 11203 which is in Brooklyn, NY