48 Crescent Street, Brooklyn, NY 11208
Property image
Property image
FOR SALE

$1,195,000

  • 5 Beds
  • 4 Baths
  • 2,070 sqft

48 Crescent Street, Brooklyn, NY 11208

East New York
Est. Mortgage $6,891/mo*
Get Pre-Qualified
We estimate this home will sell faster than 84% nearby.

Home Highlights

Property Type
Multi-Family
Year Built
2007
Price/Sqft
$577
Parking
Open Parking

Local Information

  • Map ViewExplore the area around 48 Crescent Street.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 48 Crescent Street, a versatile income-producing property in the heart of Cypress Hills, Brooklyn. Offering established rental income, a spacious layout, and promising long-term potential across three thoughtfully utilized levels. This turnkey investment opportunity generates strong cash flow with combined monthly rents well exceeding $6,000. The first-floor unit features 2 bedrooms and 2 full bathrooms, leased through July 2027. The second-floor unit offers 3 bedrooms and 1.5 bathrooms, leased through December 2026. Both occupied residences offer consistent monthly income under the existing lease terms. With current rents below potential market value, the property offers an opportunity for future rental growth following the expiration of the existing leases. 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.
We estimate this home will sell faster than 84% nearby.
Last check for updates: about 2 hours ago
Listing by: Douglas Elliman Real Estate, (516) 669-3700
Harry Ego-Aguirre, (718) 413-8270
Douglas Elliman Real Estate, (516) 669-3700
Danial Nadeem, (516) 820-7211
Source: OneKey® MLS as distributed by MLS GRID, MLS#1035496
Also Listed on OneKey® MLS as distributed by MLS GRID, Douglas Elliman.

Home Details for 48 Crescent Street

Interior Features

Interior Details
Basement: See Remarks,Storage Space,Unfinished
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Utilities: Natural Gas Connected, See RemarksLaundry: Washer/Dryer Hookup
Heating & Cooling
Heating: Hot Water,Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Hot Water

Exterior Features

Parking & Garage
No CarportNo GarageHas Open ParkingParking: On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 11Days on Market: 26

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: BrickAttached To Another Structure
Property Information
Parcel Number: 041050181

Price & Status

Price
List Price: $1,195,000Price Per Sqft: $577

Active Status

MLS Status: Active

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 65Jr High / Middle School: Highland Park Community SchoolHigh School: Cypress Hills Collegiate Prep SchoolHigh School District: Brooklyn 19

Agent Information

Listing Agent
Listing ID: 1035496

Building

Building Area
Building Area: 2070 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 1160 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

BasementMls Number: 1035496Attribution Contact: 516-669-3700Showing Requirements: 24 Hour Notice, Appointment Only

Around this home

Neighborhood Overview

East New York
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East New York

At least 2739 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

  • 58 % 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.
  • Aikoyy013
    "Very quite place kind of people neighbors very high rate elementary school and grocery stores pharmacy something like that "
    1
    Flag
  • Trulia User
    "What comes to mind are the parades. Summer pools days when the city closes the street for kids to play with the hydrant water and we do cookout."
    1
    Flag
  • mayrelis grullon
    "Great parks, commercials, the train and buses are close . Great school district specially for middle school "
    0
    Flag
  • Marilyn Saytue
    "I have lived in this neighborhood for 4 years. Calm neighborhood, with easy going neighbors. Thrift stores, eateries, supermarkets, barbershops, schools, churches, mosques, parks, green thumbs gardens and more."
    10
    Flag
  • Donsimmonsny36
    "Good place to live nice area schools parks bus train near buy it’s convenient place to be at and easy travel "
    2
    Flag
  • Jason St. Bernard
    "Good schools and distance to the school super friendly environment and good for kids enough supermarkets"
    2
    Flag
  • Jason St. Bernard
    "Dog parks , very friendly animals and a lot of space for the dog to run free and the shops they have for grooming and cleaning dogs "
    1
    Flag
  • Nkkbrathwaite
    "The place is being kept to okay standers. It is a quiet neighborhood with kids in the area that loves dogs."
    4
    Flag
  • James Taylor
    "Neighborhood is very family oriented I can walk my dog with no problem. I can go to the store and get whatever I need and I love the hospitality people say good morning and have a great day even say good night."
    5
    Flag
  • Sam Firempong
    "Block parties, loud . Not a safe neighborhood. But to each is his own just be careful of the street pharmacists lurking in the corners"
    3
    Flag
  • Kerilious jules
    "The place is not bad it’s just like any other neighborhood in America expect some weird stuff from time to time but other than that you should be alright, if you stay out the way people stay out your way very simple."
    1
    Flag
  • Stanley Clotaire
    "It’s a very vibrant neighborhood . The community sticks together, the food is great, the park is beautiful "
    5
    Flag
  • Jose Cardona
    "There are a lot of restaurants in the area and the transit makes it easy to go anywhere in the city. "
    3
    Flag
  • Elkins Martinez
    "There are many dog owners in this area and ontop of that there’s a nice big park nearby for playing catch and fetch petco nearby aswell so yeah a good spot."
    1
    Flag
  • Trulia User
    "It’s ok I was just so used to the neighborhood has its ups and down, I like that there are multiple parks to take your children to and the transportation is very convenient "
    4
    Flag
  • Javaughn Farquharson
    "Quiet, safe neighborhood though it can look intimidating. Not much food options but neighboring areas like Bushwick and Bedstuy are close by"
    0
    Flag
  • Kymora Rodney
    "3 train van sic Ac van sic Thankfully , cooperative when delay , can’t complain when it comes to the public "
    0
    Flag
  • Trulia User
    "There are no dog parks around here not dog friendly and people are mean all the time cars drive recklessly "
    0
    Flag
  • Zelda Bovian
    "It’s a very high crime neighborhood not a good neighborhood to be walking in at night there’s always shootings car theft and a high number of crimes also there is also a lot of fires and not to forget a high number of drug addicts lurking around "
    9
    Flag
  • Nunya
    "Wasn’t so bad in 2017 but now its terrible almost got shot last Halloween trick or treating had my first car they stole my parts Very high in gang activity my kid and I was almost stabbed coming home from local school by another student in local school Don’t move here stay in a shelter or where ever you are it’s not worth it "
    3
    Flag
  • Jocelyn C
    "People are dog friendly meaning no one is really scared of dogs but people don’t curve their dogs so your dog might eat another dog’s poop."
    1
    Flag
  • Wellington_diaz
    "Not a good place to raise your kids. High crime, noisy and too many people in the way. Home prices are too high for a place with little to offer. "
    4
    Flag
  • Shellzwilliam76
    "Please get rid of the rats and roaches before renting this property. This property may look nice but there are a lot of hidden surprises you will only experience by living in this property. "
    14
    Flag
  • Maria Perez
    "Some areas are very safe. Many places in the area are full of caring neighbors. There’s also lively with different types of culture and music. "
    2
    Flag
  • Trulia User
    "The community diversity I lived here for two years and u can’t classify this neighborhood by any race and we all treat eachother with respect "
    13
    Flag
  • Trulia User
    "It’s more of a neighborhood for older folks not really suitable for young, lively people. It’s not too bad but it’s not my vibe "
    0
    Flag
  • Trulia User
    "train access is close to my home but there are limited options. There are also busses that can be used for transportation."
    1
    Flag
  • Trulia User
    "I love this neighborhood. It is a great community for families. Love the access to shopping for all needs close by. "
    1
    Flag
  • Trulia User
    "i use to live in the neighborhood i like itit easy to get to the store or train i grown up on hinsdale the neighnor are very frirndly i know ill be okay thetr"
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for 20+ years! The Block Parties were among 1st community event. The Old-Timers’ Celebration, cookout, music groups from the ‘70’s & ‘80’s. A chance to see neighbors I haven’t seen in years!!"
    1
    Flag
  • Trulia User
    "Horrible not friendly dirty not livable basically a big dump doesn’t feel like home. Not for anyone who wants a basic quality of life"
    1
    Flag
  • Trulia User
    "basketball tournament's and alot of community events. Parks are great for the kids would not mind at all buying a place in this neighborhood in the future "
    0
    Flag
  • Trulia User
    "almost all the people in the area are Hispanic people and I like it because and I like living in this area because it looks safe and there are also many stores where you can go shopping"
    0
    Flag
  • Trulia User
    "It’s commute is very easy. n grain and bus are around the area. It’s always very busy. A few buses and only one train which is the J train. "
    1
    Flag
  • Trulia User
    "highland Park Logan Park a mix variety of people Spanish Africans caucasians Asians very diverse community"
    1
    Flag
  • Trulia User
    "my commute is very short and my fast. everything is close together. I like living out here better than the Bronxs. I like my commute. I live next to the train that's the best. The shopping area next to trains is a plus."
    0
    Flag
  • Trulia User
    "It’s a good area too live and commute in and the transportation is very well timed and very good also the diversity in the area is very friendly "
    0
    Flag
  • Trulia User
    "It’s Very Well Mixed Races and Very Well Friendly I Would Definitely recommend people to live here because of its diversity "
    13
    Flag
  • Trulia User
    "The transportation the train every bus down the block from me. Time for me to start my retirement life this isn't good for me any more"
    10
    Flag
  • Trulia User
    "What makes the neighborhood unique is it’s diverseness. We see a multitude of cultures surrounding the neighborhood. Some supermarkets have a unique choice of food items, and include a lot of Caribbean items you might not find in gentrified communities. "
    5
    Flag

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM

Home Value

Trulia Estimate
$1.18M
Since last month
Increased$276K (+30.5%)
Since last year
Increased$292K (+33%)
Since last sale
Increased$298K (+33.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +89% in the last 10 years
MonthEstimated value
2026
August 2026$1.18M
August 2026$1.18M
July 2026$903K
June 2026$894K
May 2026$889K
March 2026$884K
February 2026$902K
January 2026$908K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
451 Ridgewood Avenue, Brooklyn, NY
0.19
Multi-Family Home
$945,000
02/03/26
6
5
2,056
12 Danforth Street, Brooklyn, NY
0.13
Multi-Family Home
$800,000
01/22/26
4
2
1,980
85 Autumn Ave, Brooklyn, NY
0.15
Multi-Family Home
$725,000
02/18/26
5
2
1,904
88 Nichols Avenue, Brooklyn, NY
0.21
Multi-Family Home
$960,000
11/25/25
5
2
1,720
40 Chestnut Street, Brooklyn, NY
0.17
Multi-Family Home
$858,500
01/20/26
7
3
2,124
255 Lincoln Avenue, Brooklyn, NY
0.38
Multi-Family Home
$999,000
05/29/26
6
3
2,128
40 Autumn Avenue, Brooklyn, NY
0.13
Multi-Family Home
$730,000
04/15/26
5
3
2,880
197 Nichols Avenue, Brooklyn, NY
0.31
Multi-Family Home
$995,000
02/10/26
5
3
2,160

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
9 Cox Pl, Brooklyn, NY 11208
0.05
$1,350,000
10
1
-
For Sale
27 Cox Place, Brooklyn, NY 11208
0.06
$1,475,000
8
5
2,394
For Sale
33 Cox Place, Brooklyn, NY 11208
0.07
$749,000
3
2
1,824
For Sale
29 Cox Place, Brooklyn, NY 11208
0.07
$1,418,900
8
5
-
Off Market
15 Euclid Avenue, Brooklyn, NY 11208
0.07
$675,000
2
2
1,092
Recently Sold
253 Etna Street, Brooklyn, NY 11208
0.09
$980,000
7
3
2,120
Recently Sold
251 Etna St #1, Brooklyn, NY 11208
0.09
$1,070,400
6
2
-
Off Market
44 Euclid Ave #3B, Brooklyn, NY 11208
0.10
$440,000
1
1
706
Recently Sold
44 Euclid Ave #3A, Brooklyn, NY 11208
0.10
$461,500
1
1
693
Off Market
44 Euclid Ave #3C, Brooklyn, NY 11208
0.10
$619,500
2
1
930
Off Market
44 Euclid Ave #4B, Brooklyn, NY 11208
0.10
$646,000
2
2
953
Off Market

Price and Tax history

DateEventPrice
Aug 6, 2026
Source: OneKey® MLS as distributed by MLS GRID #1035496
Listed For Sale
$1,195,000
Nov 10, 2025
Source: Zillow Rentals
ListingRemoved
$2,450
Oct 8, 2025
Source: Zillow Rentals
Listed For Rent
$2,450
Mar 21, 2025
Source: N/A
Sold
$880,000
Aug 1, 2019
Source: Agent Provided
ListingRemoved
$869,000

LGBTQ Local Legal Protections

Harry Ego-Aguirre, Douglas Elliman Real Estate, (516) 669-3700
Agent Phone: (718) 413-8270
Based on information submitted to the MLS GRID as of 2026-09-01 13:43:08 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 48 Crescent Street

  • What is the estimated monthly payment for 48 Crescent Street?
    Based on a $1,195,000 list price with 20% down at today's rates, the estimated monthly payment for 48 Crescent Street in Brooklyn, NY is approximately $6,993 (about $6,201 principal & interest, $717 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 48 Crescent Street compare to homes in Brooklyn?
    48 Crescent Street in Brooklyn, NY is listed at $1,195,000, about 50% above the $794K median sale price in Brooklyn.
  • What do residents say about the East New York neighborhood?
    Residents describe the East New York neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in East New York, Brooklyn.
  • What are the closest schools to 48 Crescent Street?
    The closest schools to 48 Crescent Street in Brooklyn, NY are HIGHLAND PARK COMMUNITY SCHOOL (Middle, rated 7/10), Is 171 Abraham Lincoln (Middle, rated 6/10), Ps 65 (Pre-K/Elementary, rated 7/10).
  • Does 48 Crescent Street have air conditioning?
    Yes, 48 Crescent Street in Brooklyn, NY has air conditioning.
  • Does 48 Crescent Street have laundry facilities?
    Yes, 48 Crescent Street in Brooklyn, NY has laundry facilities.
48 Crescent Street, Brooklyn, NY 11208 is a 5 bedroom, 4 bathroom, 2,070 sqft multi-family built in 2007. 48 Crescent Street is located in East New York, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Aug 6, 2026. The MLS # for this home is MLS# 1035496.