Buy with Yoreevo
$3,831,750
List Price: $3,900,000
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850 Clarkson Ave
Apartment in East Flatbush •  building info
10bd • 2,500ft² $1,560 per ft²
Buy with Yoreevo

$3,831,750

List Price

$3,900,000

Key Details
Days on market
2
Last price change
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Estimated payment
$21,044/mo
Taxes
N/A
Maintenance
N/A
Description
Fully Renovated Mixed-Use Property for Sale This turnkey, fully occupied mixed-use property presents a compelling investment opportunity with immediate, stable cash flow and strong long-term upside in a rapidly developing Brooklyn corridor. Residential Component (4) Four fully renovated apartments (2) Four-bedroom units (2) Two-bedroom units Each unit features independent boilers for separate heating control 100% occupied with Section 8 tenants, providing reliable, government-backed income All Apartments Free Market with annual leases Commercial Component Two Street-level retail storefront(s) Fully renovated spaces Separate utilities for commercial tenants Investment Highlights Minimal owner expenses: landlord responsible only for water and common area electricity Fully upgraded systems: plumbing, electrical, and heating. Immediate cash flow. Strong tenant demand in high-growth submarket Location & Growth Drivers Strategically located near major development projects expected to significantly enhance the area's residential density and economic activity: 329 Clarkson Avenue (Clarkson Estates) – ~328 Units Finished 2026 564 Utica Avenue (Utica Crescent) – ~325 Units Under Development These projects, along with additional nearby developments, are projected to bring over 1,000 new residential units within a 2-mile radius by 2027 driving increased foot traffic, rental demand, and long-term asset appreciation. Investment Summary This offering combines: Stable, government-backed residential income Retail upside potential Low management intensity Positioning in a growth corridor Ideal for investors

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Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$3,900,000
Asking Price: $3,900,000
Term
30 Years
Down Payment
$390,000 (10%)
Min: 10% (390,000)
Rate
6.0 %
Mortgage Amount
$3,510,000
Mortgage Payment
$21,044
Estimated Yoreevo rebate
$68,250
Estimated closing cost
$66,000
Total monthly cost $21,044
Buy your dream home with us and get an estimated $68,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Concept Group Inc

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