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380 Crescent Street, Brooklyn, NY 11208
Listing provided by Arthur Martinez together with EXIT REALTY CENTRAL
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$6,500,000
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Home Details for 380 Crescent Street
Price
$6,500,000
Type
Commercial/Industrial
Year Build
1927
Lot Size
0.1148
County
Kings (Brooklyn)
Basement
Full
Tax
$89,156
MLS®️ Listing#
904891
On exitrealty.com
147 days
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.
- Utilities
- Natural Gas Available
- Electricity Available
- Electricity Connected
- Natural Gas Connected
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
- Cooling Information
- Multi Units
- Heating Information
- Oil
- Water Features
- Public
- Basement
- Full
Listing Courtesy: EXIT Realty Central - 718-848-5900
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Fair Housing NoticeSee average values in the proximity of this property
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Median Days on EXIT Realty®
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Market statistics compiled from data from OneKey MLS.
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EXIT REALTY CENTRAL
106-14 Rockaway Blvd., Ozone Park, NY 11417
Arthur Martinez
License #: 10401215934/License #: 10301221915Franchisee
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$6,500,000
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EXIT REALTY CENTRAL
106-14 Rockaway Blvd., Ozone Park, NY 11417
Arthur Martinez
License #: 10401215934/License #: 10301221915Franchisee