Multi Family
380 Crescent Street
Active · Kings (Brooklyn), NY 11208
- Year built
- 1927
- Est. monthly taxes
- $7,429.67
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About this home
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.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- Aug 21, 2026
- Annual property tax (MLS)
- $89,156
- Tax year
- 2024
- Listing brokerage
- EXIT Realty Central
- MLS ID
- KEY1041643
- Last updated
- Aug 22, 2026
General features
- Property type
- Multi Family
- Year built
- 1927
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Interior features
- Basement
- Full
- Heating
- Oil
- Cooling
- Multi Units
Exterior features
- Construction materials
- Brick
Schools (MLS)
- Elementary school district
- Brooklyn 19
- Middle school district
- Brooklyn 19
- High school district
- Brooklyn 19
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- First seen on this site
- Listing updated from MLS
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.