498 Classon Avenue
Brooklyn, NY, 11238 $ 2,888,000
Bedrooms9 Baths6.0 Sq 6,800 Monthly Estimate*
$ 18,235
for $2,888,000 with 9 bedrooms and 6 full baths. This 6,800 square foot home was built in 2002 on a lot size of 0.0562.
Calling All Investors, Developers, & End-Users!!! 100% Occupied 3 Unit Free Market Apartment Building In Clinton Hill For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, High 9’ Ceilings, (3) 3 Br. Apartments, Private Gated Driveway, Rear Yard, 6 Parking Spaces, Sprinklers, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Near I-278 (Belt Pkwy.), Atlantic Terminal, & The Barclays Center!!! The Property Is Situated Between Atlantic Ave. & Nostrand Ave.!!! Neighbors Include NYU Langone, Atlantic Center Mall, USPS, CubeSmart Self Storage, Stop & Shop, Planet Fitness, Ridgewood Savings Bank, AutoZone, Marshalls, Dave & Busters, Shell, Meineke Car Care Center, Family Dollar, McDonald’s, Chick-fil-A, Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1 (3 Br., 2 Bath): $57,600 Ann.; Lease Exp.: 5/1/27. Apt. 2 (3 Br., 2 Bath): $54,000 Ann. M-M. Apt. 3 (3 Br., 2 Bath): $57,600 Ann. M-M. Gross Income: $169,200 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water & Sewer: $3,872 Ann Insurance: $3,687 Ann. Taxes: $16,355.80 Ann. Total Expenses: $23,914 Ann. Net Operating Income (NOI): $145,286 Ann.
See more
FeaturesInteriorInterior Amenities Other
Basement (Y/N) N
Half Baths 0
Total Bedrooms 9
Total Baths 6
See more
GeneralSewer Other
Heating Natural Gas Other
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Available Sewer Connected
Appliances Oven Refrigerator
Architectural Style Other
Construction Materials Brick Brownstone
Year Built 2002
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 01984-0074
County Kings (Brooklyn)
Property Type Residential
HOA N
Garage Y/N N
Total Rooms 14
Full Baths 6
High School Brooklyn Tech High School
City New York
Senior Community Y/N N
High School District Brooklyn 13
Carport Y/N N
Elementary School Contact Agent
Property Attached Y/N Y
Tax Annual Amount 16356
Middle/Junior High School Call Listing Agent
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 260820
See more
ExteriorParking Features Driveway Driveway
Water Source Public
Total Parking 6
Parking Spaces 6
Building Area Total 5100
Waterfront Y/N N
See more
* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,235
- Monthly Property Taxes
- $1,363
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Brooklyn, NY
Average List Price $1,716,916
Percent of Sale Price 41%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892199 Elementary School
5163149 Middle School
Brooklyn Tech High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/3/2026 | $2,888,000 | | Listed Price |