498 Classon Avenue Brooklyn, NY 11238
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jul 3, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 13 at 7:06 pm
Property Features for 498 Classon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Parking features
- Driveway
- Standard status
- Active
- APN
- 01984-0074
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16355
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2002
- Number of units
- 3
- Building materials
- Brick, Frame
Listing agent Richard Matt Shane License #10301216230 (516) 279-8828
Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY (516) 783-5600
Listing date Jul 3, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Zoned R6B, the property is located in Brooklyn and described as being near I-278 (Belt Pkwy.), Atlantic Terminal, and the Barclays Center, situated between Atlantic Ave. and Nostrand Ave. The current income and expense figures provided show Gross Income of $169,200 annually, Total Expenses of $23,914 annually, and Net Operating Income (NOI) of $145,286 annually, with one apartment lease expiration noted for 5/1/27.
Key Highlights
- 3‑unit free‑market apartment building built in 2002 in Clinton Hill
- R6B zoning with high 9' ceilings; construction materials include brick and frame
- All units are 3BR/2BA with annual rents of $57,600, $54,000 (M‑M), and $57,600
