850 Clarkson Ave Brooklyn, NY 11203
10 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 990289
Bedrooms 10
Rental Info No
Year Built 1931
Annual Tax Amount $28,000
Property Sub-Type Quadruplex
Source onekey2
Property Description
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
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features Breakfast Bar, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Entrance Foyer, Formal Dining, Galley Type Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Low Flow Plumbing Fixtures, Marble Counters, Natural Woodwork, Open Kitchen, Primary Bathroom
Heating ENERGY STAR Qualified Equipment
Cooling ENERGY STAR Qualified Equipment
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Underground Utilities, Water Available
Garage false
Building
Lot Description Corner Lot, Near School, Near Shops, Other, Paved, Private, See Remarks, Views
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Brick,Energy Star,Foam Insulation,ICFs (Insulated Concrete Forms),Other,Stucco
Others
Senior Community No
Special Listing Condition None
