Welcome to 243 Crescent Street! An exceptional income-producing opportunity in East New York. This legal two-family property is currently configured with 9 bedrooms, 3 bathrooms, and 3 kitchens across three spacious levels, making it ideal for investors or owner-occupants seeking strong rental income potential. The property features 3 electric meters, 2 gas meters, a finished basement, and a generous backyard perfect for recreation and entertaining. Its flexible layout offers excellent cash-flow potential and future possibilities for buyers looking to maximize value. Conveniently located near the Crescent Street (J/Z), Norwood Avenue (J/Z), and Euclid Avenue (A) subway stations, as well as the B13, Q24, Q56, and B20 bus lines, providing easy access throughout Brooklyn, Queens, and Manhattan. Nearby attractions include Shirley Chisholm State Park and Gateway Center, offering abundant recreation, shopping, dining, and everyday conveniences. Property is being sold as-is. A rare opportunity to own a versatile multi-family property with substantial income potential in one of Brooklyn's growing neighborhoods.
Listed by Jonathan Ganthier
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EXP Realty
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888-276-0630
Last updated June 14, 2026
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Source: OneKey #1010263
Listing Facts
TypeMulti-family
NeighborhoodCypress Hills
Bedrooms9
Bathrooms3
Days on Prevu9
Taxes$6,736/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/07/2026
Listed by EXP Realty
$1,175,000
Estimated Closing Costs
Total
$44,633
Attorney Fees
$4,000
NYC Mansion Tax
$11,750
Title Insurance
$5,288
Bank Attorney
$1,500
Mortgage Recording Tax
$18,095
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,175,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 243 Crescent
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1910
Construction Materials: Brick
Features
Fencing: Fenced
Measurements
Building Area Total: 2,180
Building Area Units: Square Feet
Lot Features: Back Yard
Lot Size Acres: 0.05
Lot Size Dimensions: 20,109
Lot Size Square Feet: 2,180
Financial
Taxes
Parcel Number: 3-04147-0029
Tax Annual Amount: $6,736.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, High Ceilings, Storage
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 9
Parking
Parking
Carport Spaces: 1
Carport: Yes
Garage Spaces: 1
Garage: Yes
Parking Features: Driveway
Parking Total: 1
Schools
Elementary School
Elementary School: Ps 7 Abraham Lincoln
Elementary School District: Brooklyn 19
High School
High School: Transit Tech Career And Tech Edu
High School District: Brooklyn 19
Middle or Junior School
Middle Or Junior School: Is 171 Abraham Lincoln
Middle Or Junior School District: Brooklyn 19
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Electric, Forced Air
Sewer: Public Sewer
Utilities: Electricity Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 9 bedrooms and 3 bathrooms in this multi-family home at 243 Crescent.
What schools are nearby to 243 Crescent?
Nearby schools include the Ps 7 Abraham Lincoln Elementary School, Is 171 Abraham Lincoln Middle School, and Transit Tech Career And Tech Edu High School.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 243 Crescent.
What are the annual taxes for 243 Crescent?
Annual taxes for this multi-family home are estimated at $6,736.
How does 243 Crescent compare to other multi-family homes in Cypress Hills?
This multi-family home is listed 12% above the average price for multi-family homes in Cypress Hills and has been on the market for 115 less days than the typical home in this area.
243 Crescent is a 9-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11208. Listed on Prevu for 9 days at $1,175,000. This property is located in Cypress Hills. The median listing price for multi-family homes in this area is $899,900. Nearby schools include Ps 7 Abraham Lincoln Elementary School, Is 171 Abraham Lincoln Middle School, and Transit Tech Career And Tech Edu High School. Property amenities include parking. View other multi-family home listings in New York.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.