48 Crescent Street
Brooklyn, NY 11208
5
Bed
4
Bath
0.03Acre(Lot)
Welcome to 48 Crescent Street, a versatile income-producing property in the heart of Cypress Hills, Brooklyn. Offering established rental income, a spacious layout, and promising long-term potential across three thoughtfully utilized levels. This turnkey investment opportunity generates strong cash flow with combined monthly rents well exceeding $6,000. The first-floor unit features 2 bedrooms and 2 full bathrooms, leased through July 2027. The second-floor unit offers 3 bedrooms and 1.5 bathrooms, leased through December 2026. Both occupied residences offer consistent monthly income under the existing lease terms. With current rents below potential market value, the property offers an opportunity for future rental growth following the expiration of the existing leases. The lower level exp
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Basement: Storage Space, Unfinished -
Interior Features
Ceiling Fan(s) -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)
-
Building Information
Year Built: 2007 Building Area Total: 2070 Construction Materials: Brick Private Pool: No
-
Lot Information
Lot Size Acres: 0.0266 Lot Size Square Feet: 1160
-
Listing Price Information
Listing Price: $1195000
-
Tax Information
Parcel Number: 04105-0181 Annual Tax: $6164.92
-
Parking Information
On Street
-
School Information
Elementary School: Ps 65Junior High School: Highland Park Community SchoolSenior High School: Cypress Hills Collegiate Prep School -
Utility Information
Natural Gas Available, Natural Gas Connected, See Remarks -
Location Information
WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1472 Blake Avenue, Brooklyn, NY, 11208 | $1,125,000 | 6 | 5 | 2,950 | 0.07 Acre |
| 568 Drew Street, Brooklyn, NY, 11208 | $1,150,000 | 8 | 3 | -- | -- |
| 941 Crescent Street, Brooklyn, NY, 11208 | $900,000 | 6 | 4 | -- | 0.07 Acre |
| 778 Lincoln Avenue, Brooklyn, NY, 11208 | $1,199,000 | 7 | 4 | 2,532 | 0.04 Acre |
| 789 Autumn Avenue, Brooklyn, NY, 11208 | $965,000 | -- | -- | -- | -- |
| 557 Eldert Lane, Brooklyn, NY, 11208 | $1,299,999 | 7 | 5 | -- | -- |
| 407 Eldert Lane, Brooklyn, NY, 11208 | $1,125,000 | 7 | -- | -- | 0.05 Acre |
| 568 Autumn Avenue, Brooklyn, NY, 11208 | $1,290,000 | 6 | 4 | -- | 0.08 Acre |
| 269 Grant Avenue, Brooklyn, NY, 11208 | $859,000 | 7 | 2 | -- | 0.05 Acre |
| 331 Lincoln Avenue, Brooklyn, NY, 11208 | $1,149,000 | 5 | 2 | -- | -- |
Similar Multifamily To 48 Crescent Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved
ByOwner last updated this listing 10/02/2026 @ 01:06
More Cities with for Sale by Owner Homes
- Brooklyn Homes For Sale By Owner
- New York Homes For Sale By Owner
- Hoboken Homes For Sale By Owner
- Long Island City Homes For Sale By Owner
- Ridgewood Homes For Sale By Owner
- Maspeth Homes For Sale By Owner
- Jersey City Homes For Sale By Owner
- Sunnyside Homes For Sale By Owner
- Weehawken Homes For Sale By Owner
- Woodside Homes For Sale By Owner
- Astoria Homes For Sale By Owner
- Union City Homes For Sale By Owner
- Middle Village Homes For Sale By Owner
- Queens Homes For Sale By Owner
- Elmhurst Homes For Sale By Owner
- West New York Homes For Sale By Owner
- Jackson Heights Homes For Sale By Owner
- Staten Island Homes For Sale By Owner
- East Elmhurst Homes For Sale By Owner
- Woodhaven Homes For Sale By Owner
Homes around $1,195,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.