Search
Elevator-Ready 6-Unit Multifamily
For Sale
Contact for pricing

360 CRESCENT ST, Brooklyn, NY 11208

Acquire a near-complete elevator building with six apartments and four on-site parking spaces for a straightforward residential conversion.

Property Size6,407 SF
Price / SF$233.96
Days on Market106

Property Features for 360 CRESCENT ST

General Information

Standard status Active
Size 6,407 SF
Total Parking Spaces 4
Property subtype Multifamily
Zoning R5

Additional Details

Multifamily Units 6

Building Details

Year Built 2026
Stories 3
Units 4
Tenancy Multi
Listing Agency: Commercial Acquisitions
Listed By: Arsen Atbashyan · License #NY 0000
Source: Crexi
Added: May 29 Changed: Sep 7 Last Checked: Sep 10 at 7:02AM

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 Commercial Acquisitions

Investment Insights

Based on property information with market context.

This for-sale opportunity is a 6-unit elevator development site offered at approximately 80% completion at 360 Crescent St in Brooklyn. The project is designed to deliver as a fully built elevator building, with four 2-bedroom units and two 1-bedroom units. Four on-site parking spaces are included as part of the development.

Because the project is already advanced, the buyer is positioned to move forward toward completion with an elevator building configuration already underway. The asset is being marketed as a residential income property with an improved timeline profile compared with starting from the ground up.

For buyers seeking a near-turnkey path to an operating-ready multifamily asset, the unit mix supports a range of household sizes while keeping the overall building scale to six apartments. The presence of on-site parking can also help accommodate tenant needs. Owner financing is available, which may provide additional flexibility for qualified buyers looking to secure acquisition terms for a partially completed elevator building.

Key Highlights

  • 6‑unit elevator development site at 360 Crescent St, Brooklyn, NY, offered at approximately 80% completion
  • Planned unit mix: four 2‑bedroom units and two 1‑bedroom units
  • Year built listed as 2026

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,942
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Acquire a near-complete elevator building with six apartments and four on-site parking spaces for a straightforward residential conversion.
Where is this apartment building located?
The property is located at 360 CRESCENT ST Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 6‑unit elevator development site at 360 Crescent St, Brooklyn, NY, offered at approximately 80% completion; Planned unit mix: four 2‑bedroom units and two 1‑bedroom units; Year built listed as 2026
(718) 517-8700 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message