18,000 sqft

$6,500,000

380 Crescent Street, Brooklyn NY, 11208

Price per sqft$361.11

Built in1927

Property size18,000 sqft

Property typeCommercial

Courtesy of EXIT Realty Central, Arthur F. Martinez SFR Listing Contact: 718-848-5900

Overview

Active

Listed Aug 21, 2026

Updated Aug 23

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.

Additional information

MLS^® ID: 1041643

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $89,156
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:36 AM UTC on 8/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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