498 Classon Avenue, Brooklyn, NY 11238
- $2,888,000
- 9
- BD
- 6
- BA
- 6,800
- SqFt
- List Price
- $2,888,000
- Days on Market
- 26
- MLS#
- 1021671
- Status
- ACTIVE
- Property Type
- Single Family Residence
- Style
- Other
- Year Built
- 2002
- Property Tax
- $16,356
- School District
- Brooklyn 13
- High School
- Brooklyn Tech High School
- Jr. High
- Call Listing Agent
- Elementary School
- Contact Agent
Property 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.
Additional Information
- Bedrooms
- 9
- Bathrooms
- 6
- Full Baths
- 6
- Square Footage
- 6,800
- Acres
- 0.06
- Parking
- Driveway
- Heating
- Natural Gas, Other
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Other
Mortgage Calculator
Listing courtesy of Listing Agent: Richard Matt Shane (matthewshane8828@gmail.com) from Listing Office: All Island Estates Realty Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.