Skip To Content

380 Crescent Street

Brooklyn, NY 11208
  • $6,500,000
  • STATUS: Active
  • MLS #: 1041643
UPDATED: 86 min ago
$6,500,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

School District:

Description

Perfect—here’s a clean, investor-focused description for that City line property: Turn-Key 25-Unit Investment Property in City Line, Brooklyn An outstanding opportunity in the heart of Brooklyn—this well-maintained 25-unit brick building features 15 2 -bedroom and 10 1 Bedroom apartments, as well as 2 retail spaces ideal for steady rental demand. Tenants pay their utilities ( electric and cooking gas ) The building includes: A full basement with Additional storage rooms No elevator = lower maintenance Low operating expenses With a projected NOI of $816,000 creating a Net Cap Rate of 10.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.

Monthly Payment Calculator



© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-14T00:17:49.18.
www.thisoldhudsonrealestate.com/homes/180374915
Print Image

380 Crescent Street Brooklyn, NY 11208

  • Price: $6,500,000
  • Status: Active
  • On Site: Days
  • Updated: 86 min ago
  • MLS #: 1041643
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1927
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
School District:
Brooklyn 19
Property Description
Perfect—here’s a clean, investor-focused description for that City line property: Turn-Key 25-Unit Investment Property in City Line, Brooklyn An outstanding opportunity in the heart of Brooklyn—this well-maintained 25-unit brick building features 15 2 -bedroom and 10 1 Bedroom apartments, as well as 2 retail spaces ideal for steady rental demand. Tenants pay their utilities ( electric and cooking gas ) The building includes: A full basement with Additional storage rooms No elevator = lower maintenance Low operating expenses With a projected NOI of $816,000 creating a Net Cap Rate of 10.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
Exterior Features

Construction Materials Brick Parking Features On Street Property Attached YN No Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling Multi Units

Property Features

Building Area Total 18000 Heating Oil Lot Size Area 5000 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 89156 Tax Source Municipality Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Public

Listing courtesy of Arthur F. Martinez Sfr of EXIT Realty Central: 718-848-5900
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-14T00:17:49.18.
 
https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_1041643-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_1041643-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_1041643-1.jpg
Logo
This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534