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914 Crescent St, Brooklyn, NY, 11208

5beds
5baths
2,160sqft
$1,099,999
$509price/sqft
$6,833/moest. monthly cost
$273,320/yrincome needed

About This Home

Welcome to 914 Crescent Street, a fully renovated, income-producing multi-family property in the heart of Brooklyn. This turnkey asset features a 3-bedroom, 1-bath unit over a 2-bedroom, 1-bath unit, plus a finished basement offering additional flexibility and value. Gut renovated just three years ago, the property showcases modern finishes throughout, including sleek flooring, recessed lighting, designer bathrooms with striking tile work, and updated kitchens with contemporary cabinetry and countertops. Each unit is thoughtfully laid out to maximize space, light, and functionality. The building is fully occupied, generating a strong annual rent roll of $91,680 with low operating expenses of just $7,582, resulting in an impressive NOI of $84,098 and a 7.65% cap rate—making this an exceptional opportunity for both seasoned investors and those entering the market. Conveniently located near transportation, shopping, and local amenities, this is a rare chance to acquire a high-performing, low-maintenance property in a growing Brooklyn neighborhood

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 2,160
  • Total interior livable area: 2,160 sqft

Property

Details

  • Parcel number: 045280013
  • Special condition: Resale