Buy with Yoreevo
$2,837,460
List Price: $2,888,000
Share Listing
Save Listing

498 Classon Avenue

House in Clinton Hill •  building info
studio • 2,448ft² $1,180 per ft²
Buy with Yoreevo

$2,837,460

List Price

$2,888,000

Key Details
Days on market
47
Last price change
loading...
Estimated payment
$16,947/mo
Taxes
$1,363/mo
Maintenance
N/A
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 Ann Insurance: $3,687 Ann. Taxes: $16,355.80 Ann. Total Expenses: $23,914 Ann. Net Operating Income (NOI): $145,286 Ann.

Hide full description

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$2,888,000
Asking Price: $2,888,000
Term
30 Years
Down Payment
$288,000 (10%)
Min: 10% (288,000)
Rate
6.0 %
Mortgage Amount
$2,599,200
Mortgage Payment
$15,584
Taxes
$1,363
Estimated Yoreevo rebate
$50,540
Estimated closing cost
$105,000
Total monthly cost $16,947
Buy your dream home with us and get an estimated
$50,540 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of All Island Estates Realty Corp

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.