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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cypress Hills
MLS Listing ID 1064475
Bedrooms 5
Full Baths 4
Rental Info No
Year Built 2007
Annual Tax Amount $6,241
Property Sub-Type Duplex
Source onekey2
Property Description
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 vacant and used for storage. It could serve as a recreation room, a home office, or additional storage, or be put to another permitted use.
Commuting is easy. The J train stops at Cypress Hills, and the J/Z trains stop at Crescent Street. Multiple bus routes connect you throughout Brooklyn, Queens, and Manhattan, and drivers have quick access to Atlantic Avenue and the Jackie Robinson Parkway. Shops, supermarkets, and restaurants along Jamaica Avenue are just steps away. The green space, walking paths, and recreation of Highland Park and the Ridgewood Reservoir are close by.
With reliable rental income, a versatile three-level layout, and a well-connected location, 48 Crescent Street is an excellent opportunity for an investor or a future owner-occupant. Schedule your private showing today.
Location
State NY
County Kings (brooklyn)
Rooms
Basement See Remarks
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Hot Water, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Natural Gas Connected, See Remarks
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 65
Middle Schools Highland Park Community School
High Schools Brooklyn 19
School District Brooklyn 19
Others
Senior Community No
Special Listing Condition None
Nearby School & Business
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