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Future New York

As Clinton Hill home prices reach record highs, 508 Waverly launches full-floor condos from $1.15M

All images of 508 Waverly Avenue via Compass All images of 508 Waverly Avenue via Compass
While a handful of the historic mansions and brownstones in Clinton Hill are protected by the boundaries of the Clinton Hill Historic District, a recent wave of new buildings outside the district nevertheless seeks to build roughly in line with its historic neighbors rather than cast them in shadow. Among the new construction is 508 Waverly Avenue, a six-story condominium that rose on the former site of a two-story masonry building (and a few blocks from the childhood home of Christopher Wallace, also known as Notorious B.I.G.). An offering plan was accepted in late January 2022, and sales on the full-floor units launched a short time later.
Four two-bedroom, two-bath units measuring 985 square feet are currently listed, ranging in price from $1.15 million to $1.495 million. The lowest-priced listing does not have private outdoor space, but floor plans show that the other publicly listed units have two private balconies - one in the living room and one in the primary bedroom. There is also a duplex maisonette with a private backyard, but this unit has not yet been listed.
508-Waverly-Avenue-004
The condos at 508 Waverly Avenue come to an average price of $1,293 per square foot, or slightly above the Clinton Hill average of $1,129 per square foot. CityRealty data shows a climb in recent months, perhaps precipitated by the new condo construction in the area. Around the corner from 508 Waverly Avenue, listings at the 14-unit 532 Clinton Avenue, listings start at $2.045 million.
The A/C train stop at Clinton-Washington Avenues is just up the block from 508 Waverly Avenue, and the building is also a few blocks to Barclays Center and the 2, 3, 4, 5, B, D, N, Q, R, and LIRR trains, not to mention a CitiBike dock. The area is rich in public transportation, and State Senator Julia Salazar seeks to make it even more pedestrian-friendly with her co-sponsorship of bill S4307, which is currently in committee and seeks to create a pedestrian safety rating system for motor vehicles based on the frequency of collisions. This would keep more dangerous vehicles off streets all over the city, and she seeks to make the nearby Atlantic Avenue safer.

"Like most Brooklyn residents, I mostly rely on walking, biking, or using public transportation to get around” — Julia Salazar, New York State Senator


However, for the wealth of transit options, there is much to offer close to home. The noted Pratt Institute is a short distance from the building, and a robust dining scene has taken shape to bring seemingly every type of cuisine to Clinton Hill. For those who'd rather cook in the apartments' well-appointed kitchens, the Fort Greene Whole Foods is not far from the building.
Clinton Hill Brooklyn Typical brownstone Clinton Hill streetscape via CityRealty

↓ Upon arriving via keyed elevator access, one is struck by the high ceilings, floor-to-ceiling windows, exposed concrete walls, and well-thought layouts.

Clinton Hill condo

↓ Kitchens are outfitted with custom wood cabinetry and LG appliances.

Brooklyn condos

↓ In many units, the primary bedroom opens up to a private balcony.

Brooklyn boutique condos

↓ Primary baths feature floor-to-ceiling slab tiles, high-end fixtures, and glass walk-in showers.

Clinton Hill boutique condos
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↓ All bedrooms enjoy abundant natural light and closet space.

Waverly Avenue Brooklyn condos

↓ Secondary baths come with soaking tubs.

508 Waverly Avenue Brooklyn

↓ The full-floor two-bedrooms start at $1.15 million.

Brooklyn two-bedrooms

↓ 508 Waverly Place is located in excellent proximity to Pratt Institute, which is known for its architecture and design programs. Might we see alums bringing their talents to the area?

Pratt Institute Brooklyn

↓ Clinton Hill is home to an incredible variety of restaurants, cafes, and bars. The Fulton Grand, located at 1011 Fulton Street, offers an outdoor patio and an excellent variety of beers and cocktails.

Clinton Hill bars The Fulton Grand via CityRealty

Black Forest Brooklyn, which opened its first location at 733 Fulton Street, is known for its German draft beers, craft spirits, and welcoming vibe.


Wray's Caribbean and Seafood Cuisine, located at 503 Myrtle Avenue, brings Caribbean flavors and specialty cocktails to the area.

Brooklyn Caribbean restaurants


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