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$2,888,000

  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 6 Full Baths
  • 5,100 Sq. Ft.
  • Updated 3 days ago

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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.

Full Property Details for 498 Classon Ave

General

  • Price: $2,888,000
  • Taxes: $16,356
  • Status: Active
  • Type: Single Family
  • Source: Long_Island
  • MLS ID: 1021671
  • Updated: 7/10/2026
  • Added to Site: 11 day(s) ago

Interior

  • Number of Rooms: 14
  • Interior Features: Other
  • Appliances: Oven, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Parking

  • Total Spaces: 6
  • Parking Features: Driveway

Location

  • County: Kings (Brooklyn)
  • Cross Streets: Putnam Avenue

School Information

  • High School District: Brooklyn 13
  • Elementary School: Contact Agent
  • Middle School: Call Listing Agent
  • High School: Brooklyn Tech High School

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Natural Gas, Other

Utilities

  • Sewer: Other
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Available, Sewer Connected

Structural Information

  • Architectural Style: Other
  • Detached/Attached: Attached
  • Construction: Brick, Brownstone
  • Building Size: 5100
  • Square Feet: 5,100
  • Sq. Ft. Source: Other
  • Year Built: 2002

Lot Features

  • Lot Size (Acres): 0.0562
  • Lot Size (Sq. Ft.): 2,448

Financial Considerations

  • Tax Amount: $16,356

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 01984-0074

Listed by All Island Estates Realty Corp

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Listing agent

— 498 Classon Ave —

  • All Island Estates Realty Corp

516-783-5600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 498 Classon Ave

School District:New York City Geographic School District 13
NameGradesDistance
Ps 56 Lewis H Latimer
170 Gates Avenue, Brooklyn, NY 11238
K-60.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 498 Classon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/03/2026
Listed
$2,888,000
293.38%
MLS
9/15/2003
Sold
$734,158
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 498 Classon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,618
—
$237,960
206%
2025
$15,618
—
$77,760
-69%
2024
$15,618
1%
$247,200
-6%
2023
$15,501
5%
$262,380
7%
2022
$14,787
-49%
$244,380
30%
2021
$28,911
111%
$188,700
-18%
2020
$13,716
—
$228,780
26%
2019
$13,716
11%
$181,920
183%
2017
$12,368
—
$64,314
6%
2017
$12,368
8%
$60,674
6%
2016
$11,443
8%
$57,240
6%
2015
$10,559
3%
$54,000
—
2014
$10,285
12%
$54,000
1%
2013
$9,205
—
$53,595
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by All Island Estates Realty Corp

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498 Classon Avenue, Brooklyn, NY 11238 (MLS# 1021671) is a Single Family property with 9 bedrooms and 6 full bathrooms. 498 Classon Avenue is currently listed for $2,888,000 and was received on July 03, 2026. Want to learn more about 498 Classon Avenue? Do you have questions about finding other Single Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

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