Buy with Yoreevo
$6,386,250
List Price: $6,500,000
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380 Crescent Street
House in City Line •  building info
studio • 5,000ft² $1,300 per ft²
Buy with Yoreevo

$6,386,250

List Price

$6,500,000

Key Details
Days on market
113
Last price change
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Estimated payment
$43,449/mo
Taxes
$7,430/mo
Maintenance
N/A
Description
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$6,500,000
Asking Price: $6,500,000
Term
30 Years
Down Payment
$650,000 (10%)
Min: 10% (650,000)
Rate
6.25 %
Mortgage Amount
$5,850,000
Mortgage Payment
$36,019
Taxes
$7,430
Estimated Yoreevo rebate
$113,750
Estimated closing cost
$292,000
Total monthly cost $43,449
Buy your dream home with us and get an estimated $113,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of EXIT Realty Central

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.