Courtesy of: Arthur F. Martinez ABR SFR, EXIT Realty Central, arthur@exitrealtycentral.com
Courtesy of: Arthur F. Martinez ABR SFR, EXIT Realty Central, arthur@exitrealtycentral.com
$6,500,000
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Lot: 0.11 Acres
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Single Family Attached
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$6,500,000
380 Crescent Street 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.
Courtesy of: Arthur F. Martinez ABR SFR, EXIT Realty Central, arthur@exitrealtycentral.com
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