# 380 Crescent Street, Brooklyn, NY 11208

> **TL;DR:** commercial, $6,500,000, built 1927. Est. $34,764/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,500,000 |
| Year Built | 1927 |
| Lot Size | 5,001 sqft (0.11 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 69 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $32,868 |
| Estimated Insurance | $1,896 |
| **Total** | **$34,764** |

## Property Highlights

- Built in 1927
- 0.11 acre lot

## Description

### Agent 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.

## Location

- **Address:** 380 Crescent Street, Brooklyn, NY 11208
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** Arthur F. Martinez SFR
- **Brokerage:** Exit Realty Central
- **Broker Phone:** 718-848-5900

## Photos

![380 Crescent Street - Photo 1](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f2266933251r.jpg)

![380 Crescent Street - Photo 2](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f1970775568r.jpg)

![380 Crescent Street - Photo 3](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f3777346370r.jpg)

![380 Crescent Street - Photo 4](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f507279541r.jpg)

![380 Crescent Street - Photo 5](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f3725093996r.jpg)

![380 Crescent Street - Photo 6](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f3671270337r.jpg)

![380 Crescent Street - Photo 7](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f3929830625r.jpg)

![380 Crescent Street - Photo 8](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f993213413r.jpg)

![380 Crescent Street - Photo 9](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f2043690955r.jpg)

![380 Crescent Street - Photo 10](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f420772965r.jpg)

![380 Crescent Street - Photo 11](http://lh.rdcpix.com/13f89e3bf42c5300175574e0df1b6740l-f2447766767r.jpg)

---

**MLS#:** 1041643 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/380-crescent-street-brooklyn-ny-11208-c6f4e7b4e6c842d286ada4c887fa4393)

---

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