$6,500,000
380 Crescent Street
Brooklyn, NY 11208
—
Beds
—
Baths
—
Square feet
1927
Built
Listing narrative
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.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$6,500,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
0.11 acres
Year
1927
Status
For Sale
Days on Market
60
Courtesy of EXIT Realty Central





