380 Crescent ST, Brooklyn, NY 11208
380 Crescent ST, Brooklyn, NY 11208
380 Crescent ST, Brooklyn, NY 11208
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Randy Reis

Randy Reis

+1(917) 435-4870
$6,500,000
Est. payment /mo
5,000 Sqft Lot
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UPDATED:

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision City Line

MLS Listing ID 1041643

Rental Info No

Year Built 1927

Annual Tax Amount $89,156

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Multi Family

Source onekey2

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.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full

Interior

Heating Oil

Cooling Multi Units

Fireplace No

Exterior

Parking Features On Street

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Brooklyn 19

School District Brooklyn 19

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by EXIT Realty Central • Arthur F. Martinez SFR

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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