#RLS20025572, Alexandra Newman, Listing office: Serhant
Property details
About 850 Clarkson Ave
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.
Highlights
Home typeQuadruplex
HeatingBaseboard, Natural Gas, Other
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0551 Acres
Year built1931
MLS #888205
Summary
- Full Bathrooms: 7
- Basement: Yes
- Interior: High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Natural Woodwork, Open Floorplan, Open Kitchen, Other, Quartz/Quartzite Counters, Tile Counters
- Private Pool: No
- Heating: Baseboard, Natural Gas, Other
- Cooling: Wall/Window Unit(s)
- List Price: $3,999,999
- Annual Tax Amount: $26,579
- Tax Year: 2024
- Year Built: 1931
- Lot Size: 0.0551 Acres
- MLS Number: 888205
- MLS Name: ONEKEY2
- Office Name: Real Estate Concept Group Inc
- Office Phone: (786) 246-1709
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/24/2025, 3:41:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 06, 2016 | Home Sold | $870,100 |
| Feb 14, 2007 | Home Sold | $850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $342,360 | $26,579 |
| 2023 | $285,300 | $26,579 |
| 2021 | $249,300 | $21,930 |
| 2019 | $274,050 | $20,646 |
| 2018 | $153,270 | $18,890 |
| 2017 | $148,519 | $17,728 |
History based on county public records data.
Nearby schools
8
P.S. 268 Emma Lazarus School
Public District KG-5
0.1 mi
•133 E 53rd St
5
P.S. 135 Sheldon A. Brookner School
Public District KG-5
0.3 mi
•684 Linden Blvd
4
P.S. 219 Kennedy-King School
Public District KG-5
0.4 mi
•1060 Clarkson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,545. Typical income of Brooklyn, NY residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
61%
<35k
32%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
22%
Single, with Kids
16%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 850 Clarkson Ave
The listing price of 850 Clarkson Ave property is $3,999,999.
The property 850 Clarkson Ave is a multi located in Brooklyn, New York, 11203.
Active Listing: 850 Clarkson Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 850 Clarkson Ave are: P.S. 268 Emma Lazarus School (GreatSchools Rating 8/10), P.S. 135 Sheldon A. Brookner School (GreatSchools Rating 5/10), P.S. 219 Kennedy-King School (GreatSchools Rating 4/10), East Flatbush Community Research School (GreatSchools Rating 4/10), Lamad Academy Charter School (GreatSchools Rating 5/10), New Heights Middle School (GreatSchools Rating 5/10), Kings Collegiate Charter School (GreatSchools Rating 6/10), Achievement First Crown Heights Charter School (GreatSchools Rating 6/10), East Brooklyn Community High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $26,579 (source: MLS/based on county public records data).
The last sale was on December 6, 2016 for $870,100 (source: MLS/tax record).
The year of construction for 850 Clarkson Ave is 1931.
This home is located at 850 Clarkson Ave in Brooklyn, NY and zip code 11203 in the East Flatbush neighborhood. Features: 0 bedroom, 7 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $3,999,999.
In June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. The inventory of homes for sale in Brooklyn, NY between May and June 2025 decreased by 5%. The median list price of listings available in June 2025 was $1,019,077, while the average time on the real estate market was 92 days.
From Rocket Homes Real Estate and based on county public records data.