360 Crescent St - Apartments FOR SALE


Brooklyn, NY 11208- Cypress Hills
$1,499,000 USD
917-939-3760
360 Crescent St, Brooklyn, NY for Sale
$1,499,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

360 Crescent St
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • Surrounded by daily conveniences and national retailers, generating steady area foot traffic.
  • Delivered vacant as a fully built 6-unit elevator building with 4 on-site parking spaces.
  • Conveniently located near J, Z, A, and C subway lines, with several bus routes in the vicinity.
  • Built in 2026.
  • Surrounded by Lots of Amenities

OVERVIEW

A rare opportunity to acquire a 6-unit elevator development site at 360 Crescent St, Brooklyn, NY, offered at approximately 80% completion. The project consists of four (4) 2-bedroom units and two (2) 1-bedroom units, along with four (4) on-site parking spaces. Upon completion, the asset will be delivered as a fully built elevator building, significantly reducing development risk and timeline for the buyer. This presents a unique chance to secure a near turnkey residential asset in a growing area, with strong rental potential and long-term upside. Owner financing is available, providing additional flexibility for acquisition.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,833

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R5

APN/PARCEL ID

04164-0032

ASK ABOUT THIS PROPERTY

Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.