$2,888,000
- 9 Beds
- 6 Baths
- 6,800 sqft
498 Classon Avenue, Brooklyn, NY 11238
Est. Mortgage $16,686/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2002
$425/sqft
Open Parking
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 7 hours ago
Listing by: All Island Estates Realty Corp, (516) 783-5600
Richard Matt Shane, (516) 279-8828
Source: OneKey® MLS as distributed by MLS GRID, MLS#1021671

Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 498 Classon Avenue
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Interior Details Number of Rooms: 14 |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Dimensions and Layout Living Area: 6800 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Available, Sewer ConnectedAppliances: Oven, RefrigeratorRefrigerator |
Heating & Cooling Heating: Natural Gas,OtherHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Gas & Electric Has Electric on Property |
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Exterior Home Features No Private Pool |
Parking & Garage No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Driveway |
Water & Sewer Sewer: Other |
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Cumulative Days on Market: 35Days on Market: 62 |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Other |
Building Construction Materials: Brick, BrownstoneAttached To Another Structure |
Property Information Parcel Number: 019840074 |
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Price List Price: $2,888,000Price Per Sqft: $425 |
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MLS Status: Active |
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Direction & Address City: Brooklyn |
School Information Elementary School: Contact AgentJr High / Middle School: Call Listing AgentHigh School: Brooklyn Tech High SchoolHigh School District: Brooklyn 13 |
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Listing Agent Listing ID: 1021671 |
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Building Area Building Area: 5100 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 2448 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: 1021671Attic: NoneAttribution Contact: 516-783-5600Showing Requirements: 24 Hour Notice, Call Listing Office |
Around this home
What Locals Say about Clinton Hill
At least 4 Trulia users voted on each feature.
100 % Say there are sidewalks
92 % Say it's dog friendly
92 % Say streets are well-lit
91 % Say it's walkable to restaurants
90 % Say it's walkable to grocery stores
80 % Say neighbors are friendly
75 % Say people would walk alone at night
75 % Say kids play outside
64 % Say there are community events
60 % Say they plan to stay for at least 5 years
50 % Say yards are well-kept
40 % Say there's holiday spirit
40 % Say parking is easy
38 % Say it's quiet
33 % Say car is needed
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Home Value
Trulia Estimate
$2.8MSince last month
Decreased$52K (-1.8%)Since last year
Decreased$451K (-13.9%)Since last sale
Increased$2M (+281.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.8M |
| August 2026 | $2.8M |
| July 2026 | $2.85M |
| June 2026 | $2.9M |
| May 2026 | $3.02M |
| April 2026 | $2.84M |
| March 2026 | $3.03M |
| February 2026 | $2.88M |
| January 2026 | $3M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $1,725,000 | 05/04/26 | 4 | 4 | 2,430 | |
0.15 | Single-Family Home | $1,500,000 | 07/20/26 | 4 | 3.5 | 2,946 | |
0.25 | Single-Family Home | $5,500,000 | 03/04/26 | 5 | 4 | 4,500 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $3,300,000 | 5 | 3 | - | For Sale | |
0.03 | $1,711,200 | 2 | 2 | 1,218 | Off Market | |
0.03 | $499,999 | - | - | - | For Sale | |
0.02 | $2,000,000 | Studio | - | - | Recently Sold | |
0.05 | $946,500 | 1 | 1 | 830 | Off Market | |
0.05 | $767,400 | 1 | 1 | 600 | Off Market | |
0.05 | $1,198,800 | 2 | 2 | 1,024 | Off Market | |
0.05 | $1,966,600 | 3 | 2 | 1,530 | Off Market | |
0.05 | $1,324,100 | 2 | 1.5 | 1,252 | Off Market | |
0.05 | $1,325,000 | 2 | 2 | 1,031 | Recently Sold | |
0.06 | $1,314,400 | 1 | 1.5 | 1,327 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 3, 2026 Source: OneKey® MLS as distributed by MLS GRID #1021671 | Listed For Sale | $2,888,000 |
Jan 30, 2004 Source: N/A | Sold | $734,158 |
Sep 29, 2000 Source: N/A | Sold | $55,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $15,430 | $4,347,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Richard Matt Shane, All Island Estates Realty Corp, (516) 783-5600
Agent Phone: (516) 279-8828

Based on information submitted to the MLS GRID as of 2026-09-04 01:03:20 PDT 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
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Frequently asked questions about 498 Classon Avenue
- What is the estimated monthly payment for 498 Classon Avenue?Based on a $2,888,000 list price with 20% down at today's rates, the estimated monthly payment for 498 Classon Avenue in Brooklyn, NY is approximately $16,810 (about $15,002 principal & interest, $1,733 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 498 Classon Avenue compare to homes in Brooklyn?498 Classon Avenue in Brooklyn, NY is listed at $2,888,000, about 264% above the $794K median sale price in Brooklyn.
- What are the closest schools to 498 Classon Avenue?The closest schools to 498 Classon Avenue in Brooklyn, NY are Bedford Academy High School (rated 9/10), Ps 56 Lewis H Latimer (Pre-K/Elementary, rated 7/10), Urban Assembly Unison School (The) (Middle, rated 5/10).
- What is 498 Classon Avenue estimated to be worth?Trulia's estimated value for 498 Classon Avenue in Brooklyn, NY is $2,804,100.
- Does 498 Classon Avenue have air conditioning?Yes, 498 Classon Avenue in Brooklyn, NY has air conditioning.
- How big is the lot at 498 Classon Avenue?The lot at 498 Classon Avenue in Brooklyn, NY is about 0.06 acres (2,448 sq ft).
498 Classon Avenue, Brooklyn, NY 11238 is a 9 bedroom, 6 bathroom, 6,800 sqft single-family home built in 2002. 498 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 Jul 3, 2026. The MLS # for this home is MLS# 1021671.

