UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $313
Subdivision East New York
MLS Listing ID RLS20074177
Bedrooms 8
Full Baths 5
HOA Y/N No
Annual Tax Amount $5,244
Property Sub-Type Multi Family
Property Description
Sitting proudly on a sprawling 40 x 100 corner lot, 958 Crescent Street presents a rare opportunity to reimagine and maximize a substantial Brooklyn property with approximately 4,000 square feet of buildable potential. The existing structure spans 20 x 65 and is currently built out to roughly 2,600 square feet, offering significant upside for expansion and redevelopment.
This three-unit home is ideal for investors, developers, or end-users looking to create a custom multi-generational residence or high-yield income property.
Current Configuration Owner's Duplex + Basement
Main level: 3.5 bedrooms, 1.5 bathrooms Spacious kitchen, dining room & oversized living room Direct access to the expansive wraparound yard Half-finished basement featuring:
Recreation room 3 storage rooms (previously finished; requires full renovation) Full bathroom Additional kitchen Second Floor
Two 2-bedroom apartments Full bathrooms Large kitchens Spacious living rooms Generously sized bedrooms Outdoor & Lot Features Massive wraparound yard with access from the duplex Gated entry Parking for 2 cars Corner exposure offering light and design flexibility This property requires a full renovation, making it a blank canvas for:
Expansion to maximize FAR
Luxury multi-unit conversion
High-income rental investment
End-user customization with rental income
Potential condo conversion (subject to architect & zoning review)
With substantial unused buildable square footage, oversized lot dimensions, and parking - this is the type of asset seasoned investors actively seek.
Location
State NY
County Kings
Interior
Interior Features Smoke Free
Furnishings Unfurnished
Fireplace No
Laundry Washer Hookup, See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
Parking Features Garage
View Y/N Yes
View Other
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Tax ID 04528-0031
Ownership None
Monthly Total Fees $437
Special Listing Condition Standard
Pets Allowed Building No, No
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716