BEDS9
BATHS6 full
SQUARE FEET6,800
MLS#1021671
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLBrooklyn 13
Property 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 AnnInsurance: $3,687 Ann. Taxes: $16,355.80 Ann. Total Expenses: $23,914 Ann.Net Operating Income (NOI): $145,286 Ann.
Property Features
Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Home Style: Other
Lot Size: 0.06 Acres
Taxes: $16,356
Year Built: 2002
Amenities
Other
Feature Descriptions
Appliances: Oven, Refrigerator
Building Area Total: 5100
Days on Site: 7
Exterior: Brick, Brownstone
On Market Date: 2026-07-03
Parcel Number: 01984-0074
Parking Features: Driveway
Parking Total: 6
Property Attached Y/N: 1
Rental Term: Monthly
Rooms Total: 14
Sewer: Other
Utilities: Electricity Connected, Natural Gas Available, Sewer Connected
Water: Public
Local Schools
High School: Brooklyn Tech High School
Elementary School: Contact Agent
School District: Brooklyn 13
Estimate Your Payment
Estimated Payment
$ 16,808.63 per month $14,603.30 Principal & Interest $1,363.00 Property Tax $842.33 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agent Name: Marie Kramer
Agent Phone: Cell: (631) 988-2641
Agency Title: Coldwell Banker American Homes
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498 Classon Avenue | MLS# 1021671
This single family home located at 498 Classon Avenue, Brooklyn, NY 11238 is currently listed for sale with an asking price of $2,888,000. This property was built in 2002 and has 9 bedrooms and 6 full baths with 6800 sq. ft. Classon Avenue is located within the Brooklyn 13 school district. Search Brooklyn real estate on mkramer.cbamhomes.com today.