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48 Crescent St, Brooklyn, NYC

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$1,095,000
Active 1 days on market
MLS# 1064475

48 Crescent St

📍 Brooklyn, Brooklyn, NY 11208

5.0
Beds
4.0
Baths
2,070
Sqft
$529
Per sqft
2007
Year built
Land
Type

About this property

Welcome to 48 Crescent Street, an income-producing property in the heart of Cypress Hills offering two leased residences, a flexible lower level, and strong long-term upside. Combined monthly rents total well over $6,000, so this turnkey investment delivers dependable cash flow from day one. The first-floor residence features 2 bedrooms and 2 full bathrooms and is leased through July 2027. The second-floor residence offers 3 bedrooms and 1.5 bathrooms and is leased through December 2026. Current rents sit below market value, which creates clear room for rental growth as the leases turn over. The lower level has its own separate outside entrance, which adds versatility. It is currently vacan
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Amenities & features

INCOME PRODUCING PROPERTYESTABLISHED RENTAL INCOMESPACIOUS LAYOUTTURNKEY INVESTMENT OPPORTUNITYSTRONG CASH FLOWSEPARATE OUTSIDE ENTRANCE

Key facts

Strong cash flow
Spacious layout
1,160 sq ft lot

Property details

Property typeLand
Listing statusActive
Lot size1,160 sqft
Year built2007
Days on market1 days
MLS #1064475

Estimated monthly payment

Listing price$1,095,000
Down payment (20%)$219,000
Loan amount$876,000
Principal & interest (7%, 30yr)$5,828/mo
Property tax (est.)$1,064/mo
Home insurance (est.)$456/mo
Estimated total$7,348/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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