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For sale
    • $2,888,000

    498 Classon Avenue, Brooklyn, NY 11238

    9beds
    6,800sqft
    Single Family Residence, Residential
    Built in 2002
    2,448 Square Feet Lot
    $-- Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Excellent signagePrivate gated drivewayRear yardGreat exposureAll new led lighting
    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.
    49 days
    |
    726
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    All Island Estates Realty Corp 516-783-5600,

    Richard Matt Shane 516-279-8828

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1021671MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Natural Gas, Other
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Oven, Refrigerator
      Features
      • Other
      • Attic: None
      Interior area
      • Total structure area: 5,100
      • Total interior livable area: 6,800 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Lot
      • Size: 2,448 Square Feet
      Details
      • Parcel number: 019840074
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence, Residential
      • Attached to another structure: Yes
      Materials
      • Brick, Brownstone
      Condition
      • Year built: 2002

      Utilities & green energy

      • Sewer: Other
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $425/sqft
      • Tax assessed value: $260,820
      • Annual tax amount: $16,356
      • Date on market: 7/3/2026
      • Cumulative days on market: 50 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Listed for sale$2,888,000+293.4%$425/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1021671 Report a problem
        1/30/2004Sold$734,158+1234.8%$108/sqft
        Source: Public Record Report a problem
        9/29/2000Sold$55,000$8/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,430 -1.2%$260,820 +5.5%
        2024$15,618 $247,200 -5.8%
        2023-- $262,380 +7.4%
        2022-- $244,380 +29.5%
        2021-- $188,700 -17.5%
        2020$13,716 $228,780 +25.8%
        2019$13,716 +2%$181,920 +182.9%
        2018$13,454 +8.8%$64,314 +6%
        2017$12,368 +10.5%$60,674 +6%
        2016$11,193 $57,240 +6%
        2015$11,193 +62.1%$54,000
        2014$6,904 $54,000 +0.8%
        2013-- $53,595 +6%
        2012-- $50,562 +6%
        2011-- $47,700 +6%
        2010-- $45,000
        2009-- $45,000 +0.8%
        2008-- $44,663 +6%
        2007-- $42,135 +6%
        2006-- $39,750 +6%
        2005-- $37,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Clinton Hill

        Getting around

        96 / 100
        Walker's Paradise
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Contact Agent
        • High: Brooklyn Tech High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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