Welcome to 914 Crescent Street, a fully renovated, income-producing multi-family property in the heart of Brooklyn. This turnkey asset features a 3-bedroom, 1-bath unit over a 2-bedroom, 1-bath unit, plus a finished basement offering additional flexibility and value.
Gut renovated just three years ago, the property showcases modern finishes throughout, including sleek flooring, recessed lighting, designer bathrooms with striking tile work, and updated kitchens with contemporary cabinetry and countertops. Each unit is thoughtfully laid out to maximize space, light, and functionality.
The building is fully occupied, generating a strong annual rent roll of $91,680 with low operating expenses of just $7,582, resulting in an impressive NOI of $84,098 and a 7.65% cap rate—making this an exceptional opportunity for both seasoned investors and those entering the market.
Conveniently located near transportation, shopping, and local amenities, this is a rare chance to acquire a high-performing, low-maintenance property in a growing Brooklyn neighborhood
Active
$1,099,999
914 Crescent St, Brooklyn, NY 11208
5beds
2,160sqft
Multi Family
Built in 1920
-- sqft lot
$1,094,000 Zestimate®
$509/sqft
$-- HOA
What's special
Fully renovatedModern finishes throughoutRecessed lightingSleek flooring
- 109 days |
- 278 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Allure NY Realty 718-200-8511,
Orian Hakmon
Source: StreetEasy,MLS#: S1826118
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Has fireplace: No
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Video & virtual tour
Property
Details
- Parcel number: 045280013
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: New Lots
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $509/sqft
- Tax assessed value: $925,000
- Annual tax amount: $2,772
- Date on market: 5/4/2026
Estimated market value
Zestimate®
$1,094,000
Estimated sales range
$1.04M - $1.15M
Rent Zestimate®
$3,859/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $1,099,999+100%$509/sqft |
Source: StreetEasy #S1826118 Report a problem | ||
| 2/26/2025 | Listing removed | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2025 | Listing removed | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2025 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2024 | Sold | $550,000-26.7%$255/sqft |
Source: | ||
| 12/4/2023 | Pending sale | $750,000$347/sqft |
Source: | ||
| 11/29/2023 | Price change | $750,000-11.8%$347/sqft |
Source: | ||
| 9/9/2023 | Listed for sale | $850,000$394/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,773 +0.1% | $55,500 +7.8% |
| 2024 | $2,770 | $51,480 -2.7% |
| 2023 | -- | $52,920 +21% |
| 2022 | -- | $43,740 +3% |
| 2021 | -- | $42,480 +7.6% |
| 2020 | $2,465 +1.3% | $39,480 |
| 2019 | $2,433 +7% | $39,480 +263.3% |
| 2018 | $2,273 +8.6% | $10,866 +5.8% |
| 2017 | $2,093 +10.3% | $10,268 +5.8% |
| 2016 | $1,897 | $9,703 |
| 2015 | $1,897 +62.4% | $9,703 +1.3% |
| 2014 | $1,168 | $9,578 +5.8% |
| 2013 | -- | $9,055 +5.8% |
| 2012 | -- | $8,557 +5.8% |
| 2011 | -- | $8,086 |
| 2010 | -- | $8,086 +1.3% |
| 2009 | -- | $7,982 +5.8% |
| 2008 | -- | $7,546 +5.8% |
| 2007 | -- | $7,131 +5.8% |
| 2006 | -- | $6,739 |
| 2005 | -- | $6,739 +1.3% |
| 2004 | -- | $6,652 +5.8% |
| 2003 | -- | $6,289 +5.8% |
| 2002 | -- | $5,943 +5.8% |
| 2001 | -- | $5,616 |
| 2000 | -- | $5,616 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East New York
Nearby schools
GreatSchools rating
- 5/10Ps 224 Hale A WoodruffGrades: PK-5Distance: 0.1 mi
- 8/10Van Siclen Community Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10The School For Classics: An Academy Of ThinkersGrades: 9-12Distance: 0.5 mi
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