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243 Crescent St Floor 1, Brooklyn, NY, 11208

9beds
3baths
4,560sqft
$1,175,000
$258price/sqft
$7,672/moest. monthly cost
$306,880/yrincome needed

About This Home

Welcome to 243 Crescent Street! An exceptional income-producing opportunity in East New York. This legal two-family property is currently configured with 9 bedrooms, 3 bathrooms, and 3 kitchens across three spacious levels, making it ideal for investors or owner-occupants seeking strong rental income potential. The property features 3 electric meters, 2 gas meters, a finished basement, and a generous backyard perfect for recreation and entertaining. Its flexible layout offers excellent cash-flow potential and future possibilities for buyers looking to maximize value. Conveniently located near the Crescent Street (J/Z), Norwood Avenue (J/Z), and Euclid Avenue (A) subway stations, as well as the B13, Q24, Q56, and B20 bus lines, providing easy access throughout Brooklyn, Queens, and Manhattan. Nearby attractions include Shirley Chisholm State Park and Gateway Center, offering abundant recreation, shopping, dining, and everyday conveniences. Property is being sold as-is. A rare opportunity to own a versatile multi-family property with substantial income potential in one of Brooklyn's growing neighborhoods.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total structure area: 4,560
  • Total interior livable area: 4,560 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: City

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 $5,941$71,292
Home Insurance *$430$5,160
Property Taxes $548$6,576
Electricity $753$9,042
Total$7,672$92,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$263,040/yr
40% on housing$230,160/yr
45% on housing$204,586/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

$258This listing

vs Other Active Listings

Avg $/sqft

ZIP 11208$471
Kings County$698

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
2026-06-08Listed for sale$1,175,000

For Sale by Agent

AgentJonathan Ganthier
BrokerageEXP Realty

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