About This Home

This 0-bedroom, 0-bathroom commercial at 380 Crescent Street in Brooklyn, NY is listed for $6,500,000. Built in 1927, on a 0.11 acres lot.

Key Features

  • Built in 1927
  • 0.11 acre lot

Property Details

1927
Listing Description

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.

Monthly Cost Estimate

$34,763/mo

20% down · 6.5% · 30 years

Principal$4,701
Interest$28,167
Insurance$1,896

Estimates only. Actual payments may vary.

Location

380 Crescent Street

Brooklyn, NY 11208

Property Details

Construction

Brick

Parking

On Street

Heating

Oil

Cooling

Multi Units

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 380 Crescent Street is listed at $6,500,000. The estimated monthly payment is $34,764 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.11 acre lot.

This property is listed by Arthur F. Martinez SFR.

AS

Arthur F. Martinez SFR

Agent at Exit Realty Central

Listed by Exit Realty Central · Broker phone: 718-848-5900 · Broker website

MLS# 1041643· Source: OneKey MLS· 67 days on PropertySimple

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.

380 Crescent Street, Brooklyn, NY 11208

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