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380 Crescent St Brooklyn, NY 11208

For Sale
$6,500,000

Multi Family - Brooklyn, NY

Type:Single Family Attached
Property size:
18,000 SF
Lot size:
0.11 Acres
Days on Market:
105
Last Refresh:
Dec 7 at 6:06 pm

Property Features for 380 Crescent St

General Information

Property type
Commercial Sale
Property subtype
Single Family Attached
Standard status
Active
Rooms
Basement
APN
04164-0038
Basement Y/N
1
Size
18,000 SF
Lot size
0.11 Acres

Utilities

Heating system
Oil
Cooling system
Multi Units

Building Details

Year built
1927
Number of units
25
Building materials
Brick
Architectural style
Other

Exit Realty Central (718) 848-5900 [email protected]

Listing agent Arthur F. Martinez ABR SFR (718) 848-5900 License #10301221915

Listing date Aug 25, 2025

MLS# 904891 Listing URL

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Brooklyn Multifamily Investment Opportunity

This well-maintained 25-unit brick building in Brooklyn features 15 two-bedroom and 10 one-bedroom apartments, along with 2 retail spaces. Tenants are responsible for their electric and cooking gas utilities. The building includes a full basement with additional storage rooms. The absence of an elevator contributes to lower maintenance costs and low operating expenses. With a projected Net Operating Income (NOI) of $816,000, resulting in a Net Cap Rate of 10.2%, this property is suitable for long-term investors or a 1031 exchange. The 0.1148-acre property, with a living area of 18,000 square feet, offers stable income and efficient building systems, making it a turnkey asset in a steadily growing Brooklyn neighborhood. This multifamily property is an outstanding investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.871057
Latitude
40.679322

FAQs

What type of property is this?
Apartment building - Turn-key 25-unit Brooklyn investment property with retail spaces.
Where is this apartment building located?
The property is located at 380 Crescent St Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: - Projected NOI of $816,000 creating a Net Cap Rate of 10.2%; - Turn-key 25-unit brick building in City Line, Brooklyn; - 15 2-bedroom and 10 1-bedroom apartments, plus 2 retail spaces
More about this property
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