Janani Sundarrajan

498 Classon Avenue, Brooklyn, NY 11238

$2,888,000
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Janani Sundarrajan
Call: (516) 328-3233
Text: (516) 946-2290

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.

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 jananisundarrajan.laffey.com today.

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

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Estimated Payment

$ 8,632.77 per month $6,427.44 Principal & Interest $1,363.00 Property Tax $842.33 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600

Shown By

Agent Name: Janani Sundarrajan
Agent Phone: (516) 328-3233
Agency Title: Laffey Real Estate

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