850 Clarkson Avenue
Brooklyn,
NY
11203
- For Sale
- FORECLOSURE
- 7 Full Baths
- Year Built 1931
- Multi Family
- ML# 888205
Property Details
Overview
Fully Renovated Property for Sale – 850 Clarkson AveThis turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow.Residential UnitsTotal of four modern apartments:(2) four-bedroom units(2) two-bedroom unitsEach unit equipped with its own dedicated boiler for independent heatingAll residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental incomeSeparate utilities for commercial tenantsInvestment HighlightsProjected NOI: $257, 000Owner pays only for water and common area electricityUpdated systems throughout: plumbing, electrical, and heatingHigh rental demand in a rapidly developing neighborhoodStrong Future Growth PotentialThe 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 more564 Utica Ave (Utica Crescent): 325 units planned – Learn moreThese projects are expected to further boost local demand and long-term value.
Key Facts
- •Lot Size: 0.0551
- •Lot Sq Ft: 2400
- •Taxes: $26,579
- •Foreclose: Yes
- •School District#: 71
- •School District: Brooklyn
- •Construction Materials: Brick
- •Interior Features:
High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Natural Woodwork, Open Floorplan, Open Kitchen, Other, Quartz/Quartzite Counters, Tile Counters
- •Heat: Baseboard, Natural Gas, Other
- •A/C: Wall/Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Real Estate Concept Group Inc
786-246-1709
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS