Assignments

Vacant 6 Unit Building in Lefferts Garden

202 Clarkson Avenue, Brooklyn, NY 11226

202 Clarkson Avenue, Brooklyn, NY 11226

under contract

Asking
Sale Price
$
2200000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
2200000
Sale Price
$
Buildable SF
12728
Building SF
12728
LOT SF
12728
Cap RATE
%
Zoning
R7-1, C2-3

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

Property DEscription

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.

Map

Maha Alaoui
Senior Associate
(646) 559-4700
malaoui@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
am@landairnyc.com

Documents

Offering Memorandum
Data Room

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