$2,888,000

498 Classon Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated payment $17,221/month

Total Views 1,869
9 Beds
6 Baths
6,800 Sq Ft
$425 Price per Sq Ft

Highlights

  • Brownstone
  • 5-minute walk to Franklin Avenue (A,C,S Line)
  • 2-minute walk to Crispus Attucks Playground

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.

Listing Agent

Matthew Shane

All Island Estates Realty Corp Brokerage Phone: 516-783-5600 License #10301216230 Listed on: 07/03/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,356

Year Built

  • Built in 2002

Home Design

  • 6,800 Sq Ft Home
  • Brownstone
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Contact Agent Elementary School
  • Brooklyn Tech High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Oven
  • 2,448 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 01984-0074

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,356

Year Built

Built in 2002

Lot Details

2,448 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Year Built: 2002
  • Attribution Contact: 516-783-5600
  • Carport Y N: No
  • CurrentPrice: 2888000.00
  • MlsMajorChangeType: New Listing
  • CurrentPrice_By_LivingArea: 424.70588
  • ListPrice_By_LivingArea: 424.70588
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 51387900.3559
  • LivingAreaSearchSqFt: 6800.00
  • CurrentPrice_By_BuildingAreaTotal: 566.27451
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Living Area: 6800
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Brownstone
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Other
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0562
  • Lot Size Sq Ft: 2448
  • Parcel Number: 01984-0074
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 16356
  • Tax Year: 2025

MLS Schools

  • Elementary School: Contact Agent
  • High School: Brooklyn Tech High School
  • Middle School District: Contact Agent

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,618 $237,960 $26,940 $211,020
2025 $15,618 $260,820 $26,940 $233,880
2024 $15,618 $247,200 $26,940 $220,260
2023 $15,674 $262,380 $26,940 $235,440
2022 $14,535 $244,380 $26,940 $217,440
2021 $14,455 $188,700 $26,940 $161,760
2020 $6,779 $228,780 $26,940 $201,840
2019 $13,543 $181,920 $26,940 $154,980
2018 $13,110 $64,314 $10,967 $53,347
2017 $12,368 $60,674 $10,056 $50,618
2016 $11,443 $57,240 $10,941 $46,299
2015 $6,904 $54,000 $14,676 $39,324
2014 $6,904 $54,000 $17,612 $36,388
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2026 07/03/26 For Sale $2,888,000 -- $425 / Sq Ft
Source: OneKey® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $734,158 --
Bargain Sale Deed $70,000 --
Bargain Sale Deed $55,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $16,454 No Value Available
Previous Owner $684,950 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 1021671

OneKey® MLS

APN: 01984-0074

New York Kings County Brooklyn 11238 Clinton Hill

498 Classon Ave, Brooklyn, NY

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OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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Matthew Shane
Listing Agent
Matthew Shane
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All Island Estates Realty Corp
(929) 556-6917
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