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Mixed-Use Property with Storefronts
For Sale
Contact for pricing
Pending

308 Crescent St., Brooklyn, NY 11208

Two retail units accompany two three-bedroom, two-bath apartments.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market144

Property Features for 308 Crescent St.

General Information

Standard status Pending
Lot size 0.07 Acres
Property subtype Multifamily

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Cap Rate 5.7%

Building Details

Tenancy Multi
Listing Agency: REMAX EDGE
Listed By: Alexey Kogan · License #New York
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 7:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX EDGE

Investment Insights

Based on property information with market context.

Located at 308 Crescent St. in Brooklyn, this mixed-use property combines two storefronts with two residential apartments. Each apartment has three bedrooms and two bathrooms, creating a four-unit configuration with both commercial and residential components.

The property occupies a 2,930-square-foot lot on Crescent St. between Atlantic Ave. and Fulton St. in Cypress Hills. The offering reflects a 5.7% cap rate and includes the existing storefront and apartment improvements.

Key Highlights

  • Two storefronts included
  • Two 3BR, 2Bath apartments
  • 2,930 sq ft lot

Property Analytics

Current Use

RICH FL LLC Freight Service Victoria Fresh Flowers, ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two retail units accompany two three-bedroom, two-bath apartments.
Where is this mixed-use property located?
The property is located at 308 Crescent St. Brooklyn, NY.
What are key features of this property?
This property features: Two storefronts included; Two 3BR, 2Bath apartments; 2,930 sq ft lot
More about this property
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