928 Clarkson Avenue, Brooklyn, New York, 11203

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.