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.
- Heating System:
- Other, Natural Gas
- Cooling System:
- Wall/window Unit(s)
- Appliances:
- Oven, Refrigerator
- Interior Features:
- Other
- Parking Features:
- Driveway
- Sewer:
- Other
- Utilities:
- Natural Gas Available, Electricity Connected, Sewer Connected
- City:
- NY
- State:
- NY
- Street:
- Classon
- Street Number:
- 498
- Street Suffix:
- Avenue
- Postal Code:
- 11238
- Floor Number:
- 0
- Longitude:
- W74° 2' 27.1''
- Latitude:
- N40° 40' 59.6''
- PostalCity:
- Brooklyn
- Architectural Style:
- Other
- Construction Materials:
- Brick, Brownstone
- Elementary School:
- Contact Agent
- High School:
- Brooklyn Tech High School
- Agent MlsId:
- 176463
- MiddleOrJunior School:
- Call Listing Agent
- PhotosCount:
- 7
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $16,356
- Water Source:
- Public
- Office MlsId:
- CBE01
Residential - MLS# 1021671
498 Classon Avenue, New York, NY
- Property Type :
- Residential
- Property SubType :
- Single Family Residence
- Listing Type :
- For Rent
- Listing ID :
- 1021671
- Price :
- $2,888,000
- Rooms :
- 14
- Bedrooms :
- 9
- Bathrooms :
- 6
- Bathrooms Total :
- 6
- Square Footage :
- 6,800 Sqft
- Building Area :
- 5,100 Sqft
- Lot Area :
- 0.06 Acre
- Year Built :
- 2002
- Status :
- Active
- Listing Agent :
- Richard Matt Shane
- Listing Office :
- All Island Estates Realty Corp
