498 Classon Avenue, Brooklyn, NY 11238
Local realty services provided by:ERA Insite Realty Services
498 Classon Avenue,Brooklyn, NY 11238
$2,888,000
- 9 Beds
- 6 Baths
- 6,800 sq. ft.
- Single family
- Active
Listed by: richard matt shane
Office: all island estates realty corp
MLS#:1021671
Source:OneKey MLS
Price summary
- Price:$2,888,000
- Price per sq. ft.:$566.27
About this home
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....
Contact an agent
Home facts
- Year built:2002
- Listing ID #:1021671
- Added:50 day(s) ago
- Updated:August 23, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:14
- Kitchen Description:Oven, Refrigerator
- Living area:6,800 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:2002
- Building area:6,800 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Schools
- High school:Brooklyn Tech High School
- Middle school:Call Listing Agent
- Elementary school:Contact Agent
Utilities
- Water:Public
Finances and disclosures
- Price:$2,888,000
- Price per sq. ft.:$566.27
- Tax amount:$16,356 (2025)
Features and amenities
- Appliances:Oven, Refrigerator
Parking
- Total parking spaces:6
- Parking description:Driveway
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