The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$3,899,999
412 Classon Ave
Brooklyn, NY, 11238
View more Brooklyn, NY property pages7Beds
3.5Baths
4,500Sqft
$867$/sqft
Listing Notes
The unicorn property you have been waiting for is finally here! This rare corner building with 2 car garage is turn-key and ready to go. This one of a kind three-family residence offers a perfect blend of classic charm and modern convenience, featuring an abundance of exposed brick throughout that adds character and warmth to each unit. The spacious layout includes a total of 5 bedrooms and 3.5 bathrooms, providing ample space for various living arrangements or investment opportunities. The entire building has been meticulously maintained over the years and has been upgraded to include washer/dryers in each unit as well as high end finishes and appliances. Step inside to discover inviting open floor plans that flow seamlessly from living areas into beautifully updated kitchens, complete with sleek countertops and stainless steel appliances, perfect for culinary adventures. The primary unit includes an en-suite bathroom, offering a private retreat within the bustling city. Working wood burning fireplaces in each unit. This unicorn property in the Hottest Neighborhood in America is a fantastic investment for long term holding with a current CAP rate of 5.5% This home includes a two-car garage, offering both convenience and additional storage or living options. Feel free to reach out to me to get a copy of the setup sheet. CURRENTLY TENANT OCCUPIED Lease expirations February, 2027.
Market Insights
Below nearby median-28%
$867/sqft vs a nearby median of $1203/sqft.
Nearby median$1203/sqft
Nearby properties12
Property size4,500 sqft
- -28% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,500 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.68M$5.17M – $6.20M · 50% confidence
vs ask $3.90M−$1.78M (−45.8%)
Asking price is about 45.8% below the fair value — likely to draw competing offers if it's still on market.
$1,203/sqft median across 9 tight comps × 4,500 sqft= $5.41M
- Transit access+$135k +2.5%
- Pre-war character+$135k +2.5%
Cumulative NYC adjustments+$271k+5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 27 days
- Last price change
- No change recorded
- Listed
- Apr 15, 2026
- Photos
- 31 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Outdoor SpaceSecurity FeaturesDishwasherFireplaceWasher DryerGarage 1 Or MoreUpdated KitchenOpen Floor PlanFloor PlanExposed BrickRental PropertyEnsuiteOpen Concept Floor PlanDen
Photos
Building Facts
- Year built
- 1930
- Stories
- 3
- Total units
- 3
- Residential units
- 3
- Building area
- 3,000 sqft
- Lot size
- 1,607 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,899,999for sale
Public Records
DOB violations0 open
2 total recorded against the building
HPD violations0 open
9 total recorded
ACRIS documents40
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,249
Top: illegal parking
Top complaint types in ZIP 11238
- Illegal Parking6,169
- HEAT/HOT WATER3,070
- Noise - Residential2,038
- Noise - Helicopter1,915
- Noise - Street/Sidewalk1,385
Recent DOB
- Feb 7, 2018V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Mar 28, 1997V*-DOB VIOLATION - DISMISSED · UB-UNSAFE BUILDINGS NONE
Recent HPD
- Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 9, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 9, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 22, 2023Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.