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.
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.