| MLS # | 888205 |
| Details | 4 fam, AC, Lot Size: 0.06 acres, 4 Units in the building (DOM): 147 days |
| Construction Year | 1931 |
| Taxes (per year) | $26,579 |
| Fuel Type | Gas |
| Air Conditioning | Wall Unit AC |
| Bus | 1 min: B46 |
| 5 min: B17 | |
| 6 min: B35, B47 | |
| 9 min: B7 | |
| 10 min: B12 | |
| LIRR | 1.8 miles: "Nostrand Avenue" |
| 2 miles: "East New York" | |
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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. © 2025 OneKey™ MLS, LLC






