380 Crescent Street, Brooklyn, NY

$6,500,000

Previous Next

18,000

Square feet

0.11

Acres

About 380 Crescent Street

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.

Features of 380 Crescent Street

MLS® # 904891
Price $6,500,000
Bathrooms 0.00
Square Footage 18,000
Square Footage 5000
Acres 0.11
Year Built 1927
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 380 Crescent Street
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11208

Amenities

Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Oil
Cooling Multi Units
Fireplace No
Has Basement Yes
Basement Full

Exterior

Construction Brick

Additional Information

Date Listed August 24th, 2025
Days on Market 58
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXIT Realty Central
Contact Info718-848-5900

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?