308 Crescent St
Brooklyn, NY 11208
East New York- Studio
- 4,584 sqft
Studio
4,584 sqft
Local Information
-- mins to
Description
Great investment opportunity. This Mixed Use property, on a 2,930 sq ft lot, with 5.7% Cap Rate! The property is located on Crescent St between Atlantic Ave & Fulton St in Cypress Hills, and consists of Two Storefronts + Two 3BR 2Bath apartments. The storefronts take 109 ft of space on super busy Atlantic Ave, and are currently rented to a church and a catering space. Each storefront is paying $3,500 per month. Both storefronts also pay their share of property taxes of $4967 each annually. Each apartment is paying $2,500 per month. There are no leases in place. Each lease is month to month. Total income is $153,936. Expenses are 39,425.40. Net Revenue is $114,510.60. Entire place was gut renovated 4 years ago, new roof, windows, plumbing, electricity, water heating system, boilers, hot water tanks, fully finished basement, apartments, hallway, check photos. The property also has air rights for future development opportunities .
308 Crescent St, Brooklyn, NY 11208 is a studio, 4,584 sqft single-family home in East New York, built in 1920. It last sold for $225,000 on Jan 20, 2010. It is currently off market. The Trulia Estimate rent is $4,668/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 308 Crescent St
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Levels, Entrance, & Accessibility Stories: 3 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 5 |
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Lot Area: 3049 sqft |
Price History for 308 Crescent St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/15/2024 | ListingRemoved | BNYMLS #455823 | |
| 12/26/2023 | $1,979,000 | Listed For Sale | BNYMLS #455823 |
| 09/29/2023 | ListingRemoved | BNYMLS #455823 | |
| 02/06/2022 | $1,979,000 | PriceChange | BNYMLS #455823 |
| 01/24/2022 | $1,989,000 | PriceChange | BNYMLS #455823 |
| 09/23/2021 | $1,999,000 | Listed For Sale | BNYMLS #455823 |
| 01/20/2010 | $225,000 | Sold | N/A |
Market trends in New York
Last updated May 2026
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $31,047 |
| Assessment | $736,000 |
Home facts updated by county records
Comparable Sales for 308 Crescent St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $840,000 | 09/30/25 | 4 | 3 | 2,520 | |
0.11 | Single-Family Home | $747,000 | 07/16/25 | - | 2,448 | ||
0.13 | Single-Family Home | $1,185,000 | 07/17/25 | - | 3,294 | ||
0.21 | Single-Family Home | $650,000 | 11/26/25 | 2 | 2 | 1,430 | |
0.20 | Single-Family Home | $995,000 | 03/25/26 | 7 | 3 | 1,936 | |
0.37 | Single-Family Home | $100,000 | 02/02/26 | - | 2,883 | ||
0.27 | Single-Family Home | $700,000 | 01/08/26 | - | 2,720 | ||
0.28 | Single-Family Home | $700,000 | 01/09/26 | - | 2,720 | ||
0.27 | Single-Family Home | $700,000 | 01/09/26 | - | 2,720 | ||
0.27 | Single-Family Home | $700,000 | 01/08/26 | - | 2,720 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 308 Crescent St.
What Locals Say about East New York
At least 2738 Trulia users voted on each feature.
88 % Say there are sidewalks
86 % Say it's walkable to grocery stores
74 % Say it's dog friendly
68 % Say it's walkable to restaurants
65 % Say streets are well-lit
60 % Say kids play outside
57 % Say yards are well-kept
56 % Say there's holiday spirit
48 % Say car is needed
48 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
42 % Say people would walk alone at night
40 % Say there are community events
38 % Say it's quiet
36 % Say parking is easy
36 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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