202 Clarkson Ave - Apartments FOR SALE


Brooklyn, NY 11226- Prospect Lefferts Gardens
$2,200,000 USD
646-559-4700
202 Clarkson Ave, Brooklyn, NY for Sale
$2,200,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

202 Clarkson Ave
Brooklyn, NY 11226
Prospect Lefferts Gardens


HIGHLIGHTS

  • Fully vacant 6-unit building In Prospect Lefferts Garden
  • (3) 2b/1ba and (3) 1b/1ba
  • Front & Back layouts with large common areas
  • Prime location between Clarkson and Rogers Avenues
  • 3 blocks away from Prospect Park
  • Excellent transit Access to Winthrop St 2 & 5 trains, Parkside Ave Q train, and prospect Park B, Q, & S trains

OVERVIEW

Introducing 202 Clarkson Avenue, a rare opportunity to acquire a fully vacant, classic brick 6-unit building in one of Brooklyn’s most desirable and rapidly appreciating neighborhoods. With 4,575 sq ft of building area, this property offers significant upside potential in a high-demand rental market. All six units are rent stabilized but will be delivered vacant, giving investors the rare flexibility to reset rents through substantial rehabilitation and unlock long-term cash flow potential. The building is zoned R7-1 with a C2-3 commercial overlay, situated at the high-traffic corner of Clarkson and Rogers Avenues, a location seeing consistent residential and commercial growth. While the zoning permits commercial use, the existing layout is ideal for generating strong rental income without requiring redevelopment. A short walk away from Prospect Park, the 2/5 subway lines, and a wealth of neighborhood amenities, 202 Clarkson Avenue combines location, scale, and opportunity—making it a strategic addition to any investor’s portfolio. Property will require a full gut renovation, but the potential for value creation is substantial.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6-Family Delivered Vacant

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R7-1

APN/PARCEL ID

05065-0054

ASK ABOUT THIS PROPERTY

Alexandre GouletLandair Property AdvisorsMore Info
646-559-4700

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Alexandre GouletLandair Property AdvisorsMore Info
646-559-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.