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Fully Renovated Mixed-use 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 Commercial Space Street-level Store Fronts, Fully Renovated 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.
| Location/Town | New York |
| Area/County | Brooklyn |
| Post Office/Postal City | Brooklyn |
| Prop. Type | Commercial Sale |
| Tax | $26,000.00 |
| Year Built | 1931 |
| Basement | Finished, Full |
| Construction | Brick |
| Total Units | 8 |
| Cooling | Wall/Window Unit(s) |
| Heat Source | Baseboard, ENERGY ST |
| Util Incl | 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 Availab |
| Days On Market | 19 |
| Units | 8 |
| School District | Brooklyn |
| Listing information courtesy of: Real Estate Concept Group Inc | |