928 Clarkson AVE, Brooklyn, NY 11203
928 Clarkson AVE, Brooklyn, NY 11203
928 Clarkson AVE, Brooklyn, NY 11203
928 Clarkson AVE, Brooklyn, NY 11203
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,300,000
Est. payment | /mo

6 Beds

3 Baths

2,752 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,752 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $472

MLS Listing ID 500627

Bedrooms 6

Full Baths 3

Year Built 1910

Annual Tax Amount $5,545

Property Sub-Type Multi-Family

Property Description

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, 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
A short 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.

Location

State NY

County Kings (brooklyn)

Area East Flatbush

Zoning R6

Rooms

Basement Finished, Separate Entrance, Other

Interior

Hot Water Gas

Heating Gas

Flooring Carpeting, Hardwood

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available Storage rooms

Roof Type Flat

Handicap Access Unknown

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Brooklyn Real Property Inc.

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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928 Clarkson AVE

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