850 Clarkson Ave
Listing Notes
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 (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
Price in context
Cheaper than 14% of the 7 homes listed nearby right now, which run $2,300,000 to $4,450,000.
See all 7 nearby listings
| Address | Asking | Size |
|---|---|---|
| 678 Rutland Rd | $2,300,000 | 8 bd · 6 ba |
| 768 Linden Blvd | $2,350,000 | 20 bd · 16 ba |
| 4902 Church Ave | $2,850,000 | Studio |
| 1633 Carroll St | $2,995,000 | 10 bd · 7 ba |
| 1633 Carroll St | $2,995,000 | 10 bd · 6.5 ba |
| 660 Utica Ave | $3,000,000 | — |
| 5203-5207 Church Ave | $4,450,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more