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, offering established rental income, a spacious layout, and promising long-term potential across three thoughtfully utilized levels. The first-floor residence features 2 bedrooms and 2 full bathrooms and is currently rented for $3,027 per month, with a lease in place through July 2027. The second-floor residence offers 3 bedrooms and 1.5 bathrooms and is currently rented for $3,058 per month, with a lease through December 2026. The landlord’s monthly portion is $2,709, while the tenant is responsible for gas and electric. Both occupied residences are city-administered rentals, providing consistent monthly income under the existing program and lease terms. With current rents below potential
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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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)
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Building Information
Year Built: 2007 Building Area Total: 2070 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0266 Lot Size Square Feet: 1160
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Listing Price Information
Listing Price: $1195000
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Tax Information
Parcel Number: 04105-0181 Annual Tax: $6164.92
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Parking Information
On Street
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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?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1472 Blake Avenue, Brooklyn, NY, 11208 | $1,125,000 | 6 | 5 | 2,950 | 2,950 SqFt |
| 568 Drew Street, Brooklyn, NY, 11208 | $1,180,000 | 8 | 3 | -- | |
| 941 Crescent Street, Brooklyn, NY, 11208 | $975,000 | 6 | 4 | -- | |
| 774 Lincoln Avenue, Brooklyn, NY, 11208 | $650,000 | -- | -- | -- | |
| 458 Drew Street, Brooklyn, NY, 11208 | $1,350,000 | 7 | 4 | -- | |
| 557 Eldert Lane, Brooklyn, NY, 11208 | $1,299,999 | 7 | 5 | -- | |
| 233 Sheridan Avenue, Brooklyn, NY, 11208 | $949,000 | 4 | 3 | -- | |
| 407 Eldert Lane, Brooklyn, NY, 11208 | $1,149,000 | 7 | -- | -- | |
| 568 Autumn Avenue, Brooklyn, NY, 11208 | $1,290,000 | 6 | 4 | -- | |
| 3476 Fulton Street, Brooklyn, NY, 11208 | $949,000 | 5 | 3 | 2,480 | 2,480 SqFt |
Similar Multifamily To 48 Crescent Street
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ByOwner last updated this listing 08/17/2026 @ 04:50
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