Home » Real Estate » NY » Brooklyn » 11203 » 850 Clarkson Avenue, Brooklyn, NY, 11203
$3,999,000

850 Clarkson Avenue, Brooklyn, NY, 11203

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
Offered By
Nison Izgelov, Real Estate Concept Group Inc

Property Details

Property Type Commercial
Status Active
Property Sub Type Multi Family
MLS # 990235

Market Trends

New Properties On Market
9
31% Decrease In New Listings
Average Asking Price
$686,466
$746,572 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$420
$442 Decrease In List Price/Sq. Ft.
Average Days On Market
2
13 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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