850 Clarkson Ave Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $23,968/month
Total Views
33,140
--
Bed
7
Baths
9,000
Sq Ft
$444
Price per Sq Ft
Highlights
- Marble Countertops
- High Ceiling
- Baseboard Heating
- P.S. 268 Emma Lazarus Rated 9+
- Kitchen Island
- High Speed Internet
About This Home
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.
Listing Agent
Real Estate Concept Group Inc Brokerage Phone: 786-246-1709 License #10311205054 Listed on: 07/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,579
Year Built
- Built in 1931
Lot Details
- 2,400 Sq Ft Lot
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 7 Full Bathrooms
- High Ceiling
- Finished Basement
Kitchen
- Kitchen Island
- Marble Countertops
- Tile Countertops
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
- Underground Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 04637-0010
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,579 | $410,850 | $75,600 | $335,250 |
| 2024 | $26,579 | $342,360 | $75,600 | $266,760 |
| 2023 | $26,080 | $285,300 | $75,600 | $209,700 |
| 2022 | $25,256 | $356,850 | $75,600 | $281,250 |
| 2021 | $21,930 | $249,300 | $8,100 | $241,200 |
| 2020 | $9,982 | $235,980 | $8,100 | $227,880 |
| 2019 | $19,330 | $235,980 | $8,100 | $227,880 |
| 2018 | $19,494 | $153,270 | $6,313 | $146,957 |
| 2017 | $18,890 | $148,519 | $7,054 | $141,465 |
| 2016 | $17,729 | $137,518 | $7,196 | $130,322 |
| 2015 | $12,928 | $127,332 | $7,441 | $119,891 |
| 2014 | $12,928 | $117,900 | $8,100 | $109,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $3,999,999 | -- | $444 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $850,000 | -- | |
| Deed | $399,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $373,675 | Unknown | |
| Open | $730,000 | Unknown | |
| Closed | $250,000 | Unknown | |
| Previous Owner | $637,500 | Purchase Money Mortgage | |
| Previous Owner | $356,250 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Unknown |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: OneKey® MLS
MLS Number: 888205
APN: 04637-0010
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