- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$2,888,000
Monthly Est:$14,375
9 Beds
6 Baths6 full baths
6,800sqft
498 Classon Ave, Brooklyn, NY 11238
$2,888,000
$14,375/moEst:
Get Pre-Approved
Single Family Residence
Built in 2002
$-- HOA
2,448 sqft lot
$425/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: August 7, 2026 at 8:46 pm
- Listing Provided by: Richard Matt Shane (516) 279-8828 | All Island Estates Realty Corp (516) 783-5600
- Source: OneKey MLS-NY as distributed by MLS GRID | MLS#: 1021671
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
2002
HOA Fees
-
Finished Area
6,800 sqft
Lot Size
2,448 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1021671
MLS Status
Active
Days on Market
123
Cumulative Days on Market
35
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 6
Interior
Sewer
Other
Heating
Natural Gas, Other
Cooling
Wall/window Unit(s)
Interior Features
Other
Appliances
Oven, Refrigerator
Construction
Year Built
Year Built: 2002
Home type
Single Family Residence
Construction Materials
Brick, Brownstone
Architectural Style
Other
Utilities & Energy
Water Source
Public
Utilities
Electricity Connected, Natural Gas Available, Sewer Connected
Parking Features
Driveway
Price History
| Date | Event | Price |
|---|---|---|
07/03/2026 Source: | Listed for Sale | $2,888,000 +93061.29% $425/sqft |
11/21/2024 Source: | Sold | $3,100 $0/sqft |
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Based on information from OneKey MLS® through Nov 02, 2026, 02:16PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 OneKey MLS. All rights reserved.
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