Brooklyn (Clinton Hill), NY, 11238 | $1,999,000

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Corner 3 Bed Condo in Clinton Hill with 25 Year Tax Abatement!

Welcome to this exceptional corner residence in the heart of Clinton Hill, where sophisticated design meets functional living in one of Brooklyn's most coveted neighborhoods. This modern home offers ample space and building amenities, including numerous lounge and outdoor spaces.

This home is occupied until closing, showings are available twice a week by appointment only.

As you enter this stunning three-bedroom, two-bathroom home, you'll immediately appreciate the thoughtful open-plan layout that creates a seamless flow perfect for both intimate gatherings and modern living. The floor-to-ceiling windows that line the exterior walls flood the space with natural light throughout the day, creating an airy and inviting atmosphere while offering 3 lovely exposures. The premium wide plank flooring extends throughout the residence combined with custom-designed storage solutions, seamlessly provides functionality and sleek simplicity into the home's appeal.

At the center of this magnificent home, the gourmet chef's kitchen serves as both a functional culinary workspace and a beautiful design statement. The windowed kitchen features a harmonious blend of wood and lacquer cabinetry that provides abundant storage while maintaining a sleek aesthetic. Fully integrated Bosch and Liebherr brand new appliances deliver professional-grade performance while preserving the kitchen's clean lines. The honed Caesarstone countertops offer both durability and sophisticated style; the perfect surface for meal preparation and casual dining.

The primary bedroom suite provides a tranquil retreat from the bustle of city life, complete with an ensuite bathroom finished with brand new premium fixtures. You'll appreciate the generous closet space that easily accommodates an extensive wardrobe and walk-in closet. The two additional bedrooms are well-proportioned and versatile, perfect for family members, guests, or home office space. A second full bathroom with pass-through capability has been designed to match the home's overall aesthetic, serves these rooms.

Year-round comfort is ensured through the home's central air conditioning and heating system, allowing you to maintain the perfect temperature regardless of Brooklyn's seasonal changes.

This property offers exceptional financial advantages, including a highly desirable 25-year tax abatement that significantly reduces your carrying costs with many years remaining. The full-service condominium building enhances your living experience with a comprehensive suite of amenities. The professional part-time doorman ensures security and convenience, while the fully automated parking garage takes the stress out of city parking. Residents enjoy access to a beautiful rooftop terrace - perfect for relaxing or entertaining.

The building's fitness center eliminates the need for external gym memberships, although you are conveniently located to the neighborhood's best gyms and fitness studios. The welcoming resident's lounge provides an extension of your living space for larger gatherings. The additional second-floor residents terrace features a convenient grilling station for outdoor cooking enthusiasts. Additional conveniences include a secure package room and bicycle storage.

The vibrant Clinton Hill location places you within walking distance of acclaimed restaurants, trendy caf s, boutique shops, and cultural attractions. With excellent transportation options nearby, Manhattan and other Brooklyn neighborhoods are easily accessible.

This exceptional property represents a rare opportunity to secure a luxurious, tax-advantaged home in one of Brooklyn's most dynamic and desirable neighborhoods. Schedule your private viewing of this unique market offering today to experience everything this remarkable residence has to offer.

Features:

Modern & Bright

Hardwood Floors

New Kitchen Appliances

Custom Built-ins

Deeded Storage in Building

Laundry Room in Unit

Abundant Storage

Parking Available

Community Rooftop Deck

2nd Floor Entertainment Deck

Building Gym

Building Laundry Room

Benefits:

Located at cross-section of Clinton Hill, Fort Greene and Prospect Heights

Near Prospect Park, Atlantic Mall, LIRR, Barclays Center, Fulton Street Retail District, Vanderbilt and Washington Avenue Retail District, transportation and schools.

Features

  • Town: Brooklyn
  • Cooling: Other
  • Levels: 7
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Building None,Washer Hookup
  • Complex: Waverly Brooklyn
  • Year Built: 2015
  • Common Charge: $2,300 Monthly
  • Approx Sq. Feet: 1,419
  • View: Other
  • Pet Policy: Building Yes,No
  • MLS#: RLS20006180
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /prop/RLS20006180/500waverlyavenue_brooklyn_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant   Phone: 646-480-7665

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Clinton Hill), NY, 11238

$1,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,599,200 $1,599,200 $1,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.761% 6.764% 6.560%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,460 $10,240 $13,821
Total Monthly Payment $9,585 $10,365 $13,946

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.