New

$1,195,000

For Sale

A day ago

48 Crescent St, Brooklyn, NY

Name: 48 Crescent St, For Sale in Brooklyn - eXp Realty
Brand: Douglas Elliman Real Estate
SKU: 1035496
Price: 1195000 USD

House

MLS® 1035496

5 Bed

4 Bath

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage

Taxes $6,165

Days Active 2

Lot Size 0.0266 Acres

Approx. Age 2007

MLS® Number 1035496

Property Address: 48 Crescent St, Brooklyn, NY, 11208-1517

Average square foot calculated using Size range provided by listing agent.

Description

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 market value, the property may offer an opportunity for future rental growth following the expiration of the existing leases, subject to applicable regulations and program requirements. The lower level expands the property’s versatility with a separate outside entrance. Currently vacant and used for storage, the space provides flexibility for recreation, a home office, additional storage, or other permitted uses. Conveniently located near the J train at the Cypress Hills station, the J and Z trains at the Crescent Street station, and multiple nearby bus routes, the property offers convenient connections throughout Brooklyn, Queens, and Manhattan. Enjoy close proximity to the shops, supermarkets, restaurants, and everyday conveniences found along Jamaica Avenue, along with the open green spaces, walking paths, and recreational opportunities of Highland Park and the Ridgewood Reservoir. Easy access to Atlantic Avenue and the Jackie Robinson Parkway further enhances the property’s accessibility. Offering dependable rental income, a flexible three-level layout, and a well-connected Brooklyn location, 48 Crescent Street presents an excellent opportunity for an investor or future owner-occupant. Schedule your private showing today.

MLS® Number1035496

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2007

BasementSee Remarks, Storage Space, Unfinished

DrivewayOn Street

Garage Spaces

HeatHot Water, Natural Gas

A/CWall/Window Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 6, 2026List Date

$1,195,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker