- For Sale $1,499,000
- Property Type Multi-Family
- Property Size 6,407 SF
- Units 6
- Lot Size 4,000 SF
- Cap Rate % 9.08
- NOI / YR $204,000.00
- Taxes / YR $2,918.00
- Zoning R5
- # of Floors 3
- Year Built 2026
- Date Updated May 29, 2026
Description
A rare opportunity to acquire a 6-unit elevator development site at 360 Crescent St, Brooklyn, NY, offered at approximately 80% completion. The project consists of four (4) 2-bedroom units and two (2) 1-bedroom units, along with four (4) on-site parking spaces. Upon completion, the asset will be delivered as a fully built elevator building, significantly reducing development risk and timeline for the buyer. This presents a unique chance to secure a near turnkey residential asset in a growing area, with strong rental potential and long-term upside. Owner financing is available, providing additional flexibility for acquisition.
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Contacts
Commercial Acquisitions Realty Services
Location
Located at 360 Crescent St, Brooklyn, NY 11208, this property is part of the East New York neighborhood and Brooklyn market.
Commercial Acquisitions Realty Services