928 Clarkson Ave - Apartments FOR SALE


Brooklyn, NY 11203- East Flatbush
$1,300,000 USD
718-288-9601
928 Clarkson Ave, Brooklyn, NY for Sale
$1,300,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

928 Clarkson Ave
Brooklyn, NY 11203
East Flatbush


HIGHLIGHTS

  • Prime East Flatbush
  • Near Kings County Hospital
  • No violation, All Brick semi attached

OVERVIEW

Great investment opportunity- this large Multi family home is located in the desirable East Flatbush neighborhood. ALL solid brick legal 3 Family!! potential rents of $8,500 monthly not included fully finished basement, yearly taxes of $5545, 4 gas meters, 4 electric meters, upgraded electric & Plumbing, updated windows. Top floor is a nice 3-bedroom 2-bathroom apartment, first floor has a 1 bedroom 1 bathroom apartment with a hospitality suite, and a 2-bedroom 1 bathroom apartment in back. The basement is an extra-large space with a separate entrance, 2 bathrooms & 2 summer kitchens, access to the backyard. This house is a rare 20 by 70 feet long structure. Finished basement on 20 x 100 lot R6 zone with additional 3,240 additional buildable FAR! Great upside potential! No leases - Great projected income potential with high CAP return! Clean - NO violations! minutes from the M train line at Saratoga Ave, shopping at Kings Highway & Rockaway Pkwy. walking distance to Kings County hospital, shopping, restaurant & more!! Legal 3-Family Brick Investment in East Flatbush – High Income & Development Upside Outstanding investment opportunity in the desirable East Flatbush section of Brooklyn. This fully brick, legal 3-family property offers strong income potential, flexible layouts, and future development upside on an R6-zoned lot. Projected rental income reaches approximately $8,500/month (not including the fully finished basement), making this an excellent opportunity for investors seeking solid cash flow and long-term appreciation. Property Highlights: Solid all-brick construction Rare 20 ft x 70 ft building on a 20 x 100 lot R6 zoning with approx. 3,240 additional buildable FAR 4 gas meters & 4 electric meters Upgraded electrical & plumbing systems Updated windows Annual property taxes: $5,545 No violations – clean property Unit Configuration: Top Floor: 3-bedroom, 2-bathroom apartment First Floor (Front): 1-bedroom, 1-bathroom + hospitality suite First Floor (Rear): 2-bedroom, 1-bathroom apartment Basement: Extra-large finished space with separate entrance, 2 bathrooms, 2 summer kitchens, and backyard access Location Benefits: Minutes to M train at Saratoga Ave Near Kings Highway & Rockaway Parkway shopping districts Walking distance to Kings County Hospital Close to restaurants, retail, and everyday essentials Investment Advantages: Delivered vacant – no leases Strong projected rental income High CAP rate potential Significant value-add and expansion opportunity A rare chance to acquire a large, income-producing property with additional buildable potential in a growing Brooklyn market.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

3

PRICE/UNIT

$433,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

928 Clarkson

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2752 AC

LAND SF

119,877,120 SF

ZONING

R6

APN/PARCEL ID

04641-0002

ASK ABOUT THIS PROPERTY

Jean Paul HoBRP AssociatesMore Info
718-288-9601

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Jean Paul HoBRP AssociatesMore Info
718-288-9601

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