958 Crescent Street Oversized Corner Lot 3 Units 4,000 Buildable Sq Ft Parking for 2 Cars
Sitting proudly on a sprawling 40 x 100 corner lot, 958 Crescent Street presents a rare opportunity to reimagine and maximize a substantial Brooklyn property with approximately 4,000 square feet of buildable potential. The existing structure spans 20 x 65 and is currently built out to roughly 2,600 square feet, offering significant upside for expansion and redevelopment.
This three-unit home is ideal for investors, developers, or end-users looking to create a custom multi-generational residence or high-yield income property.
Current Configuration Owner's Duplex + Basement
Main level: 3.5 bedrooms, 1.5 bathrooms
Spacious kitchen, dining room & oversized living room
Direct access to the expansive wraparound yard
Half-finished basement featuring:
Recreation room
3 storage rooms (previously finished; requires full renovation)
Full bathroom
Additional kitchen
Second Floor
Two 2-bedroom apartments
Full bathrooms
Large kitchens
Spacious living rooms
Generously sized bedrooms
Outdoor & Lot Features
Massive wraparound yard with access from the duplex
Gated entry
Parking for 2 cars
Corner exposure offering light and design flexibility
This property requires a full renovation, making it a blank canvas for:
Expansion to maximize FAR
Luxury multi-unit conversion
High-income rental investment
End-user customization with rental income
Potential condo conversion (subject to architect & zoning review)
With substantial unused buildable square footage, oversized lot dimensions, and parking - this is the type of asset seasoned investors actively seek.
Active
$815,000
958 Crescent St, Brooklyn, NY 11208
8beds
2,600sqft
Multi Family
Built in 1920
-- sqft lot
$787,900 Zestimate®
$313/sqft
$-- HOA
What's special
Gated entryDining roomOversized corner lotSpacious kitchen
- 128 days |
- 499 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Corcoran 646-764-6094,
Erica Nieves
Source: StreetEasy,MLS#: S1813057
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 045280031
- 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: $313/sqft
- Tax assessed value: $1,040,000
- Annual tax amount: $5,244
- Date on market: 2/28/2026
Estimated market value
$787,900
$749,000 - $827,000
$3,299/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Listed for sale | $815,000$313/sqft |
Source: StreetEasy #S1813057 Report a problem | ||
| 3/17/2026 | Listing removed | $815,000$313/sqft |
Source: StreetEasy #S1813057 Report a problem | ||
| 2/28/2026 | Listed for sale | $815,000$313/sqft |
Source: StreetEasy #S1813057 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,545 -0.3% | $62,400 +3% |
| 2024 | $5,563 | $60,600 -6.7% |
| 2023 | -- | $64,920 +20.4% |
| 2022 | -- | $53,940 -2.4% |
| 2021 | -- | $55,260 +19.6% |
| 2020 | $4,633 +1% | $46,200 +18.1% |
| 2019 | $4,589 +0.6% | $39,120 +79.5% |
| 2018 | $4,559 +8.7% | $21,795 +6% |
| 2017 | $4,193 +20.1% | $20,571 +6% |
| 2016 | $3,492 | $19,407 |
| 2015 | $3,492 +64.6% | $19,407 +0.9% |
| 2014 | $2,121 | $19,233 +5.9% |
| 2013 | -- | $18,163 +5.9% |
| 2012 | -- | $17,143 +6% |
| 2011 | -- | $16,173 |
| 2010 | -- | $16,173 +0.9% |
| 2009 | -- | $16,028 +5.9% |
| 2008 | -- | $15,136 +5.9% |
| 2007 | -- | $14,286 +6% |
| 2006 | -- | $13,478 |
| 2005 | -- | $13,478 +0.9% |
| 2004 | -- | $13,357 +5.9% |
| 2003 | -- | $12,614 +6% |
| 2002 | -- | $11,905 +6% |
| 2001 | -- | $11,232 |
| 2000 | -- | $11,232 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East New York
Nearby schools
GreatSchools rating
- 4/10Ps 224 Hale A WoodruffGrades: PK-5Distance: 0.1 mi
- 7/10Van Siclen Community Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10The School For Classics: An Academy Of ThinkersGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11208
- Brooklyn
- East New York
- 958 Crescent St






