488 Classon Avenue, Brooklyn, NY 11238
PENDING

488 Classon Avenue
Brooklyn, NY 11238

Clinton Hill
  • 8 Beds
  • 4 Baths
  • 3,040 sqft

$1,900,000

Est. Mortgage $10,544/mo*
Get Pre-Qualified

$1,900,000

Est. Mortgage $10,544/mo*
Get Pre-Qualified
8 Beds
4 Baths
3,040 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

A rare and highly flexible Brooklyn asset offering both immediate income and long-term upside, 488 Classon Avenue presents an outstanding opportunity for investors, end users, or hybrid buyer-occupants seeking value, scale, and optionality. Legally a two-family property and currently utilized as three units, this residence delivers strong in-place cash flow while remaining positioned for future optimization. Set within an R6B zoning district, the property allows for multiple strategic paths, whether your objective is income stabilization, value-add enhancement, or thoughtful repositioning over time.

The building is configured with two identical residential floors plus a full lower level, a layout that investors appreciate for its operational efficiency and end users value for its flexibility. The mirrored upper floors provide consistent room sizes, natural light, and functional layouts that lend themselves seamlessly to modernization or long-term rental use. The repetition of the design simplifies renovation planning and supports scalable upgrades, while the lower level currently contributing to income—adds further versatility for storage, recreation, work-from-home space, or alternative use depending on buyer strategy and compliance preferences.

From an end-user perspective, this property shines as a classic mortgage-hack opportunity: live comfortably in one unit while offsetting your monthly housing cost with rental income from the others. The layout supports privacy, separation of space, and long-term livability, making it ideal for buyers who want ownership in Brooklyn without carrying the full financial burden alone. As rents rise and the neighborhood continues to mature, the asset naturally evolves from owner-occupied to pure investment with ease.

Interior spaces feature solid proportions, strong ceiling heights, and excellent natural flow, with a mix of updated finishes and clear potential for cosmetic enhancement. Several rooms have been virtually staged to illustrate how effortlessly the property can be elevated to meet modern tenant and owner expectations, maximizing both rent potential and resale appeal.

Located on Classon Avenue, the property benefits from a well-established residential setting surrounded by classic Brooklyn architecture, neighborhood conveniences, and consistent tenant demand. The area offers access to local dining, shopping, transportation, and community amenities, while continuing to attract reinvestment and long-term appreciation. This balance of livability and demand is precisely what underpins durable rental performance and resale strength.

Whether approached as a buy-and-hold investment, a value-add play, or a live-in income-producing residence, 488 Classon Avenue stands out as a strategic acquisition in a supply constrained market. It is not merely a property, but a platform, one that rewards both disciplined investors and savvy end users with vision.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$625
Listed
18 days ago
Last check for updates: about 2 hours ago
Listing by: NEXTHOME FINEST FIRST, (631) 944-8404
Andrew Jepson, (631) 513-7579
NEXTHOME FINEST FIRST, (631) 944-8404
Lane Clark, (631) 944-8404
Source: OneKey® MLS as distributed by MLS GRID, MLS#952816
Also Listed on OneKey® MLS as distributed by MLS GRID, NextHome.

Home Details for 488 Classon Avenue

Interior Features

Interior Details
Basement: See Remarks
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, See Remarks
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Varies by UnitHas HeatingHeating Fuel: Other
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Separate Gas Meters: 3Has Electric on Property

Exterior Features

Parking & Garage
No CarportNo GarageHas Open ParkingParking: On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 38Days on Market: 18

Property Information

Year Built
Year Built: 1899Year Renovated: 2010
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: BrickAttached To Another Structure
Property Information
Condition: ActualParcel Number: 019840069

Price & Status

Price
List Price: $1,900,000Price Per Sqft: $625
Status Change & Dates
Off Market Date: Mon May 18 2026

Active Status

MLS Status: Pending

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 56 Lewis H LatimerHigh School District: Brooklyn 16

Agent Information

Listing Agent
Listing ID: 952816

Building

Building Area
Building Area: 3040 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2025 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

BasementMls Number: 952816Attribution Contact: 631-513-7579Showing Requirements: See Remarks

Price History for 488 Classon Avenue

DatePriceEventSource
05/18/2026$1,900,000PendingOneKey® MLS as distributed by MLS GRID #952816
01/17/2026$1,900,000Listed For SaleOneKey® MLS as distributed by MLS GRID #952816

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Property Tax and Assessment

Year2025
Tax$2,559
Assessment$2,282,000
Home facts updated by county records

Comparable Sales for 488 Classon Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
173 Quincy Street, Brooklyn, NY
0.35
Multi-Family Home
$2,140,000
11/25/25
6
3
3,600

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 488 Classon Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Clinton Hill
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Clinton Hill

At least 3 Trulia users voted on each feature.

  • 100 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 91 % Say streets are well-lit

  • 90 % Say it's walkable to restaurants

  • 90 % Say it's walkable to grocery stores

  • 80 % Say neighbors are friendly

  • 73 % Say kids play outside

  • 67 % Say people would walk alone at night

  • 64 % Say they plan to stay for at least 5 years

  • 64 % Say there are community events

  • 50 % Say there's holiday spirit

  • 50 % Say yards are well-kept

  • 40 % Say car is needed

  • 40 % Say parking is easy

  • 38 % Say it's quiet

  • 27 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • C Wilson
    "The neighborhood, parks, and medical facilities. In addition to the schools and after school programs. "
    0
    Flag
  • Mattduncandesign
    "The struggle is real it’s so are the people that you meet we still have 30-year-old friends, 10 years in the slope, removed to a better neighborhood later Clinton Hill "
    0
    Flag
  • rh
    "There aren’t many trains but there is the one we have, which will get me where I’m going or to another train. "
    0
    Flag
  • Mattduncandesign
    "Ive lived here for 20yrs it’s the best Anyone who moves from my building Never moves away They just upgrade there home. No one wants to leave "
    4
    Flag
  • Karmen Lizzul
    "Keep your kids well behaved! Teach them manners and to be polite, especially to people older than them. "
    0
    Flag
  • allynprinzing
    "Lots of commuting options including the nyc ferry at the Brooklyn navy yard. One stop to Manhattan on the Q train. "
    0
    Flag
  • Michael Christman
    "Great area with a lot of kids and families. Diverse community with beautiful architecture. Could see myself raising kids here someday"
    0
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  • Trulia User
    "No parks to bring the dogs nor places that are super dog friendly. They’d be better off in Park Slope, Flatbush, or Fort Greene."
    0
    Flag
  • Trulia User
    "This place is very nice I like to live over here . The neighborhood is cool the area is quite and than the stores is very porch the supermarket the buses station and subway everything is close in this area"
    1
    Flag
  • Trulia User
    "Very family oriented. Beautiful architecture. It has a lot of diversity. It feels like a place that people put their roots down."
    0
    Flag
  • Trulia User
    "I work from home, but subway stations are easily accessible. It’s an easy 15-20 min commute to Manhattan. "
    1
    Flag
  • Trulia User
    "Concerts, great restaurants and bars, smorgasbord and Giglio Fest are all great things about the neighborhood. The Williamsburg water front is great for kids to run around and play. There are loads of events in Williamsburg. Something I miss the most are the strolls in Mccarren Park. Also vintage clothes shopping at my favorite place."
    0
    Flag
  • Trulia User
    "Restaurants and farmers market; for greene park is walking distance and lots of great cafes and coffee shops/ the Clinton Hill library has great events "
    0
    Flag
  • Trulia User
    "Parking issues - cars damage - construction issues - potholes - very small apartment for the cost of the rent . Not feel safe anymore - schools have lower grade. Mental people late night walking . "
    1
    Flag
  • Trulia User
    "Yet another neighborheart of Brooklyn. Just like many hoods in BK the parks and playgrounds are safe but at times the locals who have been living here longer than you bump their music and frighten the grown ups until they see their kids are dancing along with Biggie’s beats. "
    1
    Flag
  • Lizzie G.
    "It is fun to have a family here. There are decent playgrounds and a real sense of community. There are also some great schools, but you may have to work extra hard and have a lot of patience to get into one that you want."
    6
    Flag
  • Kpsunil R.
    "Reasonably safe. Well connected. Good set of restaurants and cafes. Fort green park close by and park slope park within driving distance. Does not have the best schools though "
    1
    Flag
  • Kaitlyn D.
    "Clinton hill is a very lovely neighborhood. Only 2 stops to transfer to the A to go to manhattan. High school nearby as well as restaurants , diners, laundromat, nail and hair salon"
    2
    Flag
  • Anne
    "Halloween neighborhood walk, block parties, events in Fort Greene Park, public school events, local restaurants, etc. There is just a big sense of community here. "
    2
    Flag
  • Chris B.
    "Weekly Saturday Farmers and Crafts Market, Tai-Chi and Yoga at Fort Greene Park, al fresco dining on the weekends, and park events."
    1
    Flag
  • Andy S.
    "Lots of people walking dogs and there are parks around. just need to watch out for cast away chicken bones on the main streets."
    1
    Flag
  • Ahtis
    "Reliable consistent train and bus service to Manhattan and Queens with easy connections to many lines."
    1
    Flag
  • Zhyman
    "Neighbors and community vibe is strong in Clinton Hill. Lots of parks and entertainment, restaurants, bars and BAM"
    0
    Flag
  • Vicky D. G.
    "Lots of other dogs and friends. Peaceful area with beautiful views of manhattan from high floors. "
    0
    Flag
  • Lauren W.
    "We have local farmer's markets, social events for many cultures where all are welcome, volunteer opportunities and other community events."
    0
    Flag
  • Aadufresne
    "I’ve lived here seven years and love it. The people are warm and kind. I feel at home, safe and a part of the community. There were good restaurants and amenities right nearby. "
    4
    Flag
  • Brandon M.
    "My commute through my everyday life is basic ,I take the train on Franklin and or Clinton-Washington "
    0
    Flag
  • Jngan79
    "Great people and vibe. Enjoy living here for the last 6 yrs. Convenient to get to Manhattan for work and onto the highways to get out of the city. "
    4
    Flag
  • Stephanie.harrison
    "Plenty of dogs in the neighborhood, but not a lot of parks close by - 15-20 mins to Fort Greene or Prospect Park."
    0
    Flag
  • Valerie C.
    "Nice community feel. Good local transportation and walkability. I visited with friends. We enjoyed our stay. "
    2
    Flag
  • Toussaint J. R.
    "it's a nice neiborhood a lot of cafes, restaurants, parks and cultural places. it's well connected with a lot of type of transportation "
    0
    Flag
  • Brianaforan
    "A mix of very historic and leafy blocks and new construction. Pratt’s campus and Fort Green park offer great outdoor areas for walking and solitude. "
    0
    Flag
  • V.c.santana1977
    "Great neighborhood,great commute to Manhattan .I feel very safe in the area for the most part ,everyone is pretty friendly "
    1
    Flag
  • Murray S.
    "I love it here. The children are raised together and the neighbors are friendly and trustworthy. The most loving part is the nature in this neighborhood...BEAUTIFUL!"
    1
    Flag
  • Josephmbeckett
    "Close to prospect park which provides great opportunity for good exercise for dogs. There is also a dog day care in the area"
    0
    Flag
  • Trulia User
    "its an amazing neighborhood, I have been living here for about two years, the urban density it's the right one, a lot of green and good vibe "
    2
    Flag
  • Matthew.leaney
    "Much quicker than i thought it would be, C train can have big gaps though. G is always an alternative on the weekends"
    0
    Flag
  • Hero L.
    "There are a lot of friendly neighbors and friends! It’s basically a walking distance everywhere, it is a very pet friendly space."
    0
    Flag
  • cms
    "There seem to be a lot of dogs in the neighborhood, a steady increase in the last few years. Plenty of veterinary practices but I haven’t seen any dog parks. "
    0
    Flag
  • Hannahamelia
    "Great neighborhood to live in!! It’s packed with dog friendly restaurants and bars. Fort Greene park is a beautiful place to walk and let your dogs play with all the other neighborhood dogs "
    0
    Flag

LGBTQ Local Legal Protections

Andrew Jepson, NEXTHOME FINEST FIRST, (631) 944-8404
Agent Phone: (631) 513-7579
Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. 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. Click here for more information
488 Classon Avenue, Brooklyn, NY 11238 is a 8 bedroom, 4 bathroom, 3,040 sqft multi-family built in 1899. 488 Classon Avenue is located in Clinton Hill, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on May 4, 2026. The MLS # for this home is MLS# 952816.