380 Crescent Street Brooklyn, NY 11208
Single Family Attached
MLS #: 904891
Courtesy Of Exit Realty Central
Property InformationDescription
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
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 25
- Cooling System: Multi Units
- Exterior Type: Brick
- Heating System: Oil
- MLSID: 904891
- Rooms: Basement
MAP & DIRECTIONS
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