NY > Brooklyn
Brooklyn, NY 11208,380 Crescent ST
Brooklyn, NY 11208,380 Crescent ST
Brooklyn, NY 11208,380 Crescent ST
Brooklyn, NY 11208,380 Crescent ST
Brooklyn, NY 11208,380 Crescent ST
Brooklyn, NY 11208,380 Crescent ST
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DEXTER PHILLIP

DEXTER PHILLIP

+1(917) 809-9210
$ 6,500,000
Est. payment | /mo

5,000 Sqft Lot

Save
$ 6,500,000
Est. payment | /mo
Save

5,000 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 904891

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

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

Others

Special Listing Condition None

Listed by EXIT Realty Central • Arthur F. Martinez ABR SFR

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DEXTER PHILLIP

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of DEXTER PHILLIP, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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380 Crescent ST