498 Classon Ave, Brooklyn, NY 11238
- Beds
- 9
- Baths
- 6
- Sqft
- 6,800
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Overview
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.
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 9
- Number of bathrooms
- 6
- Square feet
- 6,800
- Lot size (acres)
- 0.06
- Year built
- 2002
Utilities
- Heating
- Other, Natural Gas
- Cooling
- Wall/window unit(s)
- Sewer
- Other
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $16,356
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 1021671 Last checked: …

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