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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$402$4,824
Property Taxes $513$6,156
Electricity $356$4,283
Total$6,833$81,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$234,274/yr
40% on housing$204,990/yr
45% on housing$182,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$509This listing

vs Other Active Listings

Avg $/sqft

ZIP 11208$469
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11208$470
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$1,099,999
2025-02-26Listing removed$1,900
2025-02-03Listed for rent$1,900
2025-01-09Listing removed$1,900
2025-01-07Listed for rent$1,900
2024-02-08Sold$550,000
2023-12-04Pending sale$750,000
2023-11-29Price change$750,000
2023-09-09Listed for sale$850,000

For Sale by Agent

AgentOrian Hakmon
BrokerageAllure NY Realty

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