Brick Apartment Building with
New
For Sale
$6,500,000
380 Crescent Street, Brooklyn, NY 11208
Commercial Sale, Brooklyn, NY
Property SizeContact for details
Lot Size0.11 Acres
Days on Market2
Property Features for 380 Crescent Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
On Street
Basement
Full
Elementary school district
Brooklyn 19
Middle school district
Brooklyn 19
High school district
Brooklyn 19
Standard status
Active
APN
04164-0038
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
89156
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1927
Number of units
25
Building materials
Brick
Listing Agency:
EXIT Realty Central
(718) 848-5900
Listed By:
Arthur F. Martinez SFR · License #10301221915
(347) 385-4885
Added: Aug 21
Last Checked: Aug 22 at 4:06PM
MLS# 1041643
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 380 Crescent Street in Brooklyn, this 1927 brick apartment property contains 25 residential units, including 15 two-bedroom apartments and 10 one-bedroom apartments, along with 2 retail spaces. The building also includes a full basement with additional storage rooms and operates without an elevator. Oil heat and multi-unit cooling serve the property, while tenants pay their electric and cooking-gas utilities.
The 0.1148-acre property is supported by public water and public sewer, with water available as a listed utility. On-street parking is provided. A projected 10.2% cap rate is identified for the asset, and the configuration includes both residential and retail components at the Brooklyn location.
The 0.1148-acre property is supported by public water and public sewer, with water available as a listed utility. On-street parking is provided. A projected 10.2% cap rate is identified for the asset, and the configuration includes both residential and retail components at the Brooklyn location.
Key Highlights
- 25‑unit brick apartment building constructed in 1927
- 15 2‑bedroom apartments and 10 1‑bedroom apartments
- 2 retail spaces included within the property
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,094
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty-five residential units offer one- and two-bedroom layouts alongside separate retail space and tenant-paid utilities.
Where is this apartment building located?
The property is located at 380 Crescent Street 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: 25‑unit brick apartment building constructed in 1927; 15 2‑bedroom apartments and 10 1‑bedroom apartments; 2 retail spaces included within the property
